The FinTech Hub
Source: Live Mint PIB Fact Check: The government’s Press Information Bureau (PIB) has warned unsuspecting customers to be aware of a ‘SBI Rewards’ scam being used by fraudsters. In a post on social media platform X (formerly known as Twitter), the PIB Fact Check account warned users “never to download unknown files or click on…
Source: Live Mint A recent report from the Indian Cyber Crime Coordination Centre reveals that digital financial frauds have cost India an astounding ₹1.25 lakh crore over the past three years. With the rising prevalence of such scams, Truecaller has introduced its fraud insurance policy in partnership with HDFC Ergo under its “Cyber Sachet” insurance…
Source: Business Standard 4 min read Last Updated : Sep 10 2024 | 3:17 PM IST Losses from cryptocurrency-related investment fraud schemes reported have risen to $3.96 billion in 2023 from $2.57 billion in 2022, an increase of 53%. This type of fraud has emerged as the biggest crypto fraud in the last year,…
