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HOW TO PREVENT SCAM
Psychology says people who think others are lying to them may be wrong more times than they realiseA new study published in the Journal of Experimental Social Psychology suggests that people consistently overestimate how often others lie ...
84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: ReportAs artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, wi...
Forensic experts call for AI-driven playbook to counter deepfakes and digital scamsFinancial crime is evolving rapidly with AI-generated deepfakes and complex fraud rings. Traditional methods are no longer sufficient. Expe...
No cost EMI a scam? CA warns why it can be a financial trap targeting middle classNo-cost EMIs are popular in India, making big purchases seem affordable. Chartered accountant Nitin Kaushik warns this is a psychological s...
Operation Octopus: Trapping the tentacles of India’s cyber fraud networkAmidst the alarming increase in cyber scams, the Hyderabad Police have initiated Operation Octopus, a mission aimed at dismantling the enti...
Chinese Proverb of the Day: “The first time you cheat me, be ashamed. The second time it is I who must be ashamed” — Life lessons on red flags, self-respect, betrayal and why trust takes years to build and seconds to breakChinese Proverb of the Day highlights the meaning of “The first time you cheat me, be ashamed. The second time it is I who must be ashamed....
Google blocked the first known AI-powered attack on 2FA accounts; here is how hackers tried to break in, know how to stay safeForeign hackers attempted a novel AI-powered cyberattack targeting two-factor authentication using a zero-day exploit. Google's Threat Inte...
Good news for senior citizens: Money in this bank can now only be transferred by double OTP verification one to a/c holder and another to trusted contactSenior citizens in Gurugram and Faridabad now have enhanced security for their bank accounts. HDFC Bank has introduced a double OTP system....
Rs 1 cr retirement corpus not enough: PSU employee retiring after 35 years job breaks down before son seeking helpA PSU employee retiring with nearly Rs 1 crore faces family anxiety due to his history of financial mismanagement and falling victim to sca...
India to use AI to protect consumers from money mule banking cyber fraud, announces Home Minister Amit ShahIndia will now use Artificial Intelligence to fight money mule banking cyber fraud. The Home Minister announced a partnership between the I...
Canada's privacy watchdog calls for urgent action after nearly 45,000 tax account breaches reported since 2020Canada's privacy watchdog has called for urgent cybersecurity upgrades at the Canada Revenue Agency. Over 42,000 tax accounts were breached...
Are you affected? Medicare breach may expose Social Security Numbers — steps to check nowThe Medicare data leak has triggered fresh fears around Social Security number exposure and identity theft across the United States. A publ...
Trust at scale: What it takes to build a resilient digital asset ecosystem in IndiaAs India leads global digital asset adoption, building a robust trust infrastructure is critical. The article emphasizes a systems approach...
Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
PM Modi empowered ED to cleanse cancer of financial crimes; not to target anyone: MoS Pankaj ChaudharyPankaj Chaudhary, the Minister of State for Finance, called the central agency the "nation's shield against financial crimes", stating that...
Inside WhatsApp's measures to curb digital arrest scamsWhatsApp is using AI to combat digital arrest scams, banning thousands of impersonating accounts. Authorities are working to prevent signif...
Bengaluru director made a Rs 34 payment mistake, then his account started draining until nearly Rs 74,000 vanishedA 56-year-old Bengaluru-based company director lost nearly Rs 74,000 in an online scam after falling for a fake bank reward points redempti...