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Revolutionizing digital payments in India, UPI has provided convenience and security for millions of users. Nevertheless, the increased popularity has drawn the attention of fraudsters, underscoring the importance of widespread awareness regarding the associated risks and protective measures.
Victims are trapped due to lack of QR code know-how, social engineering tactics of fraudsters
URL copied Attention! UPI, payments frauds soar high in eastern Indian states: Report The eastern states in the country are witnessing high levels of digital frauds or UPI scams (41 per cent) via payment apps and online marketplaces, a report has revealed. According to TrustCheckr, a fraud data insights and analytics startup, West Bengal, Odisha, Bihar, Assam, Kashmir, Arunachal Pradesh, Meghalaya, Tripura, Nagaland, Mizoram, Manipur, Himachal Pradesh and Sikkim are facing top frauds in KYC, fake cash-back, frauds through digital wallets, fake-selling, QR codes, UPI phishing, lotter...
The Delhi Police on Monday arrested four men for allegedly duping Delhi Chief Minister Arvind Kejriwal's daughter of Rs 34,000. Their weapon of choice, Quick Response (QR) code. The Delhi CM's daughter is not alone. There have been several such cases reported in the recent past, especially after the pandemic struck. Paytm founder Vijay Shekhar Sharma took to Twitter on Tuesday to spread a word of caution to his 416.7K followers while receiving unsolicited messages asking for their QR codes to be scanned. Urging them to be careful, he also wrote that the messaging platform, WhatsApp, had becom...