Recovering money sent via UPI to the wrong account: What steps to take?

It's crucial to be ready in case you need to initiate a UPI transaction reversal. Prompt action is essential when it comes to reversing UPI transactions.

What is QR code fraud and how to escape it?

Within a QR code scam, the perpetrator dispatches a QR code to a person, asserting that scanning the code will result in funds being deposited into their account. Contrarily, the QR code is sent with malicious intent, aiming to pilfer the victim's funds upon scanning.

How to prevent credit card information theft while shopping online?

Certain security vulnerabilities lie outside your realm of control; nevertheless, you possess the means to shield your information and fortify existing safety measures. This principle holds even when utilizing credit cards for online shopping.

Cardholders beware: Scamsters lure with increase in limit offers

Under the guise of a bank employee, the caller feigns an enticing proposal to raise the credit card limit. Exploiting this ruse, the scammer cunningly extracts vital information from the credit card holder, including CVV, OTP, and other pertinent particulars.

Income Tax department warns taxpayers against refund scam: How to avoid falling victim to this scam?

The government has issued a warning to taxpayers about a phishing scam involving fraudulent income tax refund messages circulating from scammers. To protect yourself from falling victim to such phishing scams, follow the necessary precautions and be cautious with suspicious messages and links.

What are the common types of insurance scams and how to stay wary of them?

Always read the policy documents carefully and ask questions to clarify any doubts before signing up for insurance. Pay attention to the terms, conditions, and exclusions to ensure you have a clear understanding of the coverage offered.

ATM frauds spiked 65% in 2022, informs finance ministry

National Payment Corporation of India (NPCI) said that on average, 2,000 customers fall victim every month to cyber fraud.

5 ways to curb financial frauds by empowering investors

The advancements in technology have made investment operations more efficient, but they have also led to an increase in frauds. Fintechs are using technology to empower investors by educating them about frauds, providing tools to detect and prevent scams, and implementing robust reporting systems.

Credit cards: 5 measures that will shield you against falling prey to growing frauds

Credit card fraud incidents are growing in number, though this does not mean that you cannot protect yourself from succumbing to swindling activities by scammers. Ensuring alertness at every step is one way to ensure that your card is not misused in the long run.

SEBI’s cyber-security framework for regulated entities in offing. Details here

When the severity of cyber crime is high or critical, the maximum duration for the submission of report is 60 days.

Top Frauds News

personal finance

Recovering money sent via UPI to the wrong account: What steps to take?

personal finance

What is QR code fraud and how to escape it?

personal finance

How to prevent credit card information theft while shopping online?

personal finance

Cardholders beware: Scamsters lure with increase in limit offers