Brad Pitt “Scam” Costs Woman Rs 7 Crore
In a shocking incident, a woman fell victim to a sophisticated online scam, losing a staggering Rs 7 crore to an imposter posing as Hollywood actor Brad Pitt. This incident serves as a stark reminder of the ever-evolving nature of online scams and the importance of staying vigilant against cybercriminals. The “Brad Pitt” Scam: The […]
Bengaluru Engineer Loses Rs 6.4 Crore in Trading Scam
In a shocking turn of events, a Bengaluru-based engineer has fallen prey to a sophisticated stock trading scam, losing a staggering Rs 6.4 crore. This incident serves as a stark reminder of the dangers lurking within the world of online trading and the importance of vigilance against such fraudulent activities. The Lure of High Returns […]
Investment Scam on Dating App Leads to Rs 21 Lakh Loss
Has online dating turned into a digital minefield? A recent incident in Bengaluru sent all online daters a chilling warning. A 40-year-old man, Pranav (name changed), fell victim to a sophisticated investment scam orchestrated through a popular dating app, “Ur My Type.” The scam unfolded when Pranav connected with a woman on the app and […]
Meta Launches Initiative to Combat Online Scams in India
Online scams have become a pervasive problem, affecting individuals and businesses worldwide. India, with its vast online population, is particularly vulnerable to these threats thus meta have come to fight back. Phishing, impersonation, fraudulent advertisements, and social engineering are just a few of the many tactics employed by scammers. To address this growing concern, Meta […]
Online Betting Scam Busted
Online Betting apps have been in the news for all the wrong reasons. In a major crackdown, the Enforcement Directorate (ED) has arrested four individuals linked to a Chinese-operated online betting app called ‘Fiewin’. This app is alleged to have scammed unsuspecting users out of a staggering Rs 400 crore! How Did the Scam Work? […]
Deepfake in the Olympics: A Gold Medal for Creativity or a Foul Play?
The world of sports has always been a breeding ground for innovation. But what happens when this innovation blurs the lines between reality and fiction? Enter deepfake world, the digital doppelgangers that are shaking up everything from entertainment to politics. And now, it seems, even the Olympics aren’t immune to their influence. A recent incident […]
Cyber Fraud Nightmare: Pune Man Loses Rs 1.27 Crore to Terrorist Fund Scam
In a horrifying incident that underscores the escalating threat of cyber fraud, a Pune-based man has fallen victim to a sophisticated online scam, losing a staggering Rs 1.27 crore. The victim, a 73-year-old retired individual, was duped into believing his bank account was being used for terrorist activities. How the Cyber Fraud Unfolded The ordeal […]
Is Data Privacy Killing India’s E-commerce ?
India’s e-commerce sector is experiencing unprecedented growth, transforming the way we shop and live. However, beneath this shiny facade, a growing concern is casting a long shadow: data privacy. The Economic Survey 2023-24 has highlighted data privacy breaches and online frauds as significant hurdles to this burgeoning industry. The Data Privacy Dilemma In today’s digital […]
RBI Cracks Down on Aadhaar-Enabled Payment Fraud
The Reserve Bank of India (RBI) is on a mission to protect your hard-earned cash from falling into the wrong hands. In a significant move to curb the rising tide of payment fraud, the RBI has proposed new, stricter norms for banks. What is Aadhaar-Enabled Payment Fraud? Before we dive into the new rules, let’s […]
Cybercrime Savings: 14C Reporting System Yields Rs 2,400 Crore Boon
Fighting Cybercrime: A Rs 2,400 Crore Victory India’s relentless battle against cybercrime has yielded significant results, thanks to the implementation of the 14C reporting system. According to the Ministry of Home Affairs, a staggering Rs 2,400 crore has been saved through this innovative platform. What is the 14C Reporting System? The 14C reporting system is […]