We need to invest in threat intelligence frameworks focused on payment frauds, create decentralised intelligence-sharing tools across OTT messaging platforms, identity providers, fintech, regulators and law enforcement agencies
An IT professional from Gurgaon was cheated of Rs. 42 lakhs when he fell prey to a scam, as fraudsters promised him reasonable profits for liking videos on YouTube. However, he was later asked to invest in a task and promised returns. After transferring a total of Rs 42, 31, 600 into their accounts, the fraudsters refused to let him withdraw the money. , Personal Finance News, Times Now
Readers discuss why criticism of the Modi government rings hollow, how to make better use of Hong Kong’s wealth of traffic accident data, and public vigilance against online fraud.