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Electricity Bill Cyber Fraud: Risks and Prevention

Electricity Bill Cyber Fraud: Risks and Prevention

Nowadays, there has been a rising trend of cyber frauds bothering electricity consumers in the past few months. Criminals use elaborate processes to trick people into sharing their personal and financial details with fraudsters.  Step-by-Step breakdown of how these scams typically unfold: Initial Contact:  This deludes victims into believing that they have to reply by SMS or email or take a phone call in regard to overdue electricity bills. Such messages are very convincing and resemble official letters and e-mails with logos and the use of such words as "cut off the electricity services." Building Trust:  To make the victims…
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Task Scam – Amazon Part-Time Jobs Scam

Task Scam – Amazon Part-Time Jobs Scam

In today's digital age, the allure of flexible part-time jobs has attracted many individuals seeking additional income streams. Companies like Amazon offer legitimate opportunities, but amidst these, there lurk task scams targeting unsuspecting job seekers.Introduction to the Scam:Imagine receiving a message out of the blue: "Hey, we have a great part-time job opportunity for you! It's easy work with no upfront costs. You could earn anywhere from Rs 150 to Rs 5,000 a day right from your phone." If you've encountered such messages on WhatsApp or Telegram, you might have come face-to-face with the Amazon part-time jobs scam. These fraudulent…
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UPI Fraud Types: Unveiling Deceptive Practices

UPI Fraud Types: Unveiling Deceptive Practices

Alongside UPI's convenience, it has also become a fertile ground for fraudulent activities. Fraudsters continuously devise new tactics to exploit vulnerabilities within the UPI ecosystem, jeopardizing the financial security of users. Let's delve into the most prevalent types of UPI frauds, understanding their definitions and exploring real-world examples to illustrate their impact.Few UPI Fraud Types Courier or Parcel Delivery Scam – TechFraudsters exploit the expectation of receiving a courier to deceive victims into downloading malicious apps, enabling them to intercept sensitive information and perpetrate digital frauds.Example: A user, expecting a package, clicks on a tracking link that leads to a fake…
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