Online Fraud

829 mn cyber attacks blocked; 59% of targeted websites in India: Indusface

Mid-market firms with revenues of $10 million to $1 billion faced 45% of attacks; only 21% were large ones with over $1 billion in revenue; smaller firms suffered 34% of attacks

Pesticide sale via e-com sites welcome but may see more fakes, fear players

A section of players is wary of the proliferation of counterfeit products unless more checks and balances are put in place

Crypto losses reach $428 million in Q3 globally; hacking cases top concern

The world saw crypto losses up to $428 million in the third quarter (Q3), down 36 per cent from Q2, from hacks and frauds, a new report has shown

The rise in the incidence of digital fraud

Over the years, there has been a significant change in the types of frauds affecting the banking industry

Reserve Bank of India cautions against frauds in the name of KYC updation

The central bank has been receiving complaints about customers falling prey to frauds being perpetrated in the name of KYC updation.

Indian team backs IBM's Telum chip aimed to stem $30 bn consumer fraud loss

IBM Telum Chip: The team owned a significant portion of the logic design, verification and validation, in addition to the complete physical design of the new dedicated on-chip accelerator

'Visit EC website for info': Delhi CEO cautions people against cyber fraud

Two incidents of cyber fraud were reported in the last month

Nepal Police cracks multi-million rupee online fraud involving Indians

So far, 34 Nepali citizens have been found involved in the scam while 15 victims of the fraud are in contact with police.

Consumer trust highest in India despite maximum number of e-frauds: Report

65% of Indian businesses have experienced an increase in online fraud-related losses over the past 12 months

ICICI Lombard partners MobiKwik to offer cyber-insurance cover of Rs 50,000

The cyber-insurance can be availed digitally through an app at only Rs 99 per month and with a sum insured of Rs 50,000

Online frauds: Ten tips to protect yourself from the ever-evolving threat

As we become increasingly dependent on online financial transactions, here are a few ways to help you avoid losing your hard-earned money to fraudsters

Indian customers to get new technology to tackle online frauds: Mastercard

Mastercard's Executive VP for Asia Pacific Rama Sridhar said the company was committed to the strategic market by investing in people, resources and creating solutions for the Indian customers

Indians most prone to online frauds among Asians

Of the three surveyed sectors, Indian retail merchants experience higher incidents of frauds

Directors of company that committed fraud of Rs 500 cr held

The arrest comes after police froze the company's bank accounts and sealed its office at Noida Sector-2

UP STF busts Rs 3,700-cr online trading scam which duped 7 lakh people

The task force has also sealed the bank accounts of the company

Two arrested in Gurgaon for online theft of 1.25 crore

Police arrested Maninder, a resident of Tilak Nagar in Delhi, and Gulshan, a native of Punjab

Want to go cashless? Beware: Your credit card can be hacked in 6 seconds

Research suggests that 'distributed guessing attack' circumvents all security features meant to tackle online fraud

Online stealth

The value of online fraudulent transactions is expected to reach $25.6 billion by 2020, up from $10.7 billion last year

Work from home fraud most prevalent internet scam in India: Telenor

The study revealed that 85 per cent of India's Internet users are familiar with the term 'Internet Scam'