Hackers are using sophisticated tactics to exploit vulnerabilities in the UPI ecosystem, leading to an increase in UPI frauds in India. Phishing, fraud sellers, screen monitoring apps, money mule schemes, and SIM cloning are common fraud methods.
Sophisticated tactics employed by hackers to exploit UPI vulnerabilities have resulted in a surge of fraud cases in India, including phishing, fraud sellers, screen monitoring apps, money mule schemes, and SIM cloning.