Beware Of These 3 Common Cyber Frauds In India

Every good that comes with an innovation, no matter how revolutionary, is always balanced by some kind of negative consequences. The same holds true for the digitalised era of today. Where this big, wide ocean of Internet has bestowed many benefits on us, it is also not devoid of the various problems for its users, commonly known as cyber frauds.

Around 38,000 cyber frauds have been registered in past 4 years

While there are many negative effects of the Internet that can be listed down, below are the 3 common cyber frauds in India, that plague the web users.

Identity Theft

This mainly affects people who do their bank and other cash transactions through the Internet. Here, the criminal has unauthorized access to the victim’s private and financial information, like their bank account details or credit card information. Using this data, they siphon money from their accounts or use it to make purchases online in the victim’s name.

Hacking

In this case, the criminal breaks into the victim’s computer unbeknown to them. This gives the hacker complete access to private and sensitive information of the person, which is then used for unlawful gains. The victim remains unaware that their computer is being accessed from a remote location. This, however, is not the same as ethical hacking, which organisations use to check their Internet security protection.

Phishing

This is a type of cyber fraud, wherein, the criminals put forth a too-good-to-resist proposal, like lottery announcement or unsecured loans, mostly via emails. This in reality is a bait through which they can elicit the required personal information from the victim. This information, in turn, is used to steal the victim’s money directly or indirectly.

There are many more forms of cyber frauds in India which every Internet user should be aware of. Awareness is the first step to preventing being taken advantage of over the web. As cyber criminals get more skilful, it is imperative that users stay on top of such unethical practices in order to keep their information safe and secure as they continue enjoying the myriad benefits of the cyber world.

If ever you feel like you have been victim of any of this, it’s recommended that you should contact cyber law firms as soon as possible

The author of this content is no way affiliated with cyber law consultants/cyber security consultants in anyway whatsoever. The content is purely on observation and in no way should be taken as a legal advice. The author does not intend to provide legal professional advice with this information. It is recommended that the reader consults with an appropriately licensed professional for seeking any advice. The author disclaims any liability, both tangible and intangible, loss or risk incurred as a consequence of the information provided”