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WHEN it comes to illegal applications, it would be fair to think that the people behind such programmes are constantly trying to upgrade them to be more effective.
India saw over 400 million cyber threats across approximately 8.5 million endpoints — averaging 761 detections per minute — in 2023 while Surat (15 per cent) and Bengaluru (14 per cent) report the highest number of detections, a report showed on Wednesday. �� Cybercrime in India: 761 Cyber Threat Detections in Country per Minute in 2023, Says Report.
Google has already taken down the apps reported apps. Downloading apps in Google Play is becoming unsafe for users, especially those who can't recognize apps from trusted developers as opposed to sketchy ones.
Fake loans apps advertise freely on social media apps, presenting themselves as loan calculators or loan aggregators, or even a food recipe recorder
To identify a genuine fintech app, do your research, verify the company's credentials, check for security measures, and seek professional advice.