India loses 100 crores, every day to bank fraud as per the RBI in the past seven years. The YONO app introduced by the State Bank of India has now been counted as a scammer in the world of banks. Starting from the fraud that happened in Kerala where people were getting spurious messages about […]
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The biggest stock market scam has already taken place or the matter is yet to discover? Under the co-location scam member of Lok Sabha, Arvind Sawant stated the amount of 75000 crores and a journalist who filed public interest litigation to SEBI-Technical Advisory gave the amount of 50,000 crores. The Securities and Exchange Board of […]
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An elevation of 11% was witnessed in the year 2020 regarding cyber crime. In the year 2022, fifty thousand cases were registered against cyber crime in India as per the data. Online fraud has become a global threat as 518 million users are using social media in India. Nowadays, cases like phishing, online booking fraud, […]
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bZx is a decentralised finance platform that lets its users conduct trade of cryptocurrencies. On Friday, the company released a statement that a hacker had robbed the platform of $55 million dollars in crypto assets causing a huge loss to the platform. In a preliminary report released mere hours after the attack detailed how this […]
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In this era of digitization, cases of cyber fraud or online scams are heard every day in India. According to Microsoft’s 2021 Global Tech Support Scam Research Report, it is shown that consumers in India experienced relatively high “scam encounter rate” of 69% in the last 12 months, which has decreased just by one percent […]
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