fraud alert

Image Source : FILE Representational Image With a rise in phishing scams, vigilance is important. A deceptive SMS, claiming to be from the State Bank of India (SBI), is circulating. It insists users update their PAN card to prevent their SBI YONO account on the mobile app from being blocked. Government Alert According to TOI, the central government's Fact…

Scammers have responded to the dramatic increase in the usage of digital systems by coming up with novel approaches to take advantage of the trusting. According to a report in The Independent, an Australian text messaging scam known as "Hi Mum" caused victims to lose over $7 million (about Rs 57 crore) in 2022. According to the Australian Consumer and Competition Commission, the scam's victim count has multiplied by 10 in only the previous three months (ACCC). The ACCC estimates that 11,100 people have been…