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Wham, Bam, All the Spams & Scams

1 min read

The Evolution of Cybercrime

Cybercrime has transformed from isolated scam calls to a highly organized ecosystem, targeting millions daily through various communication platforms.

Psychological Manipulation Tactics

  • Fraudsters use fear, urgency, and excitement to manipulate individuals into impulsive decisions.
  • Common scams include bank account compromises, electricity disconnection threats, and bogus courier verifications.

Tools and Techniques

  • Platforms like WhatsApp, Telegram, Instagram, and Facebook are frequently used.
  • Techniques include spoofed links and domain spoofing to steal credentials.
  • Fraudulent links are now polished with HTTPS certificates and realistic login pages.

Impact of Cybercrime

  • Cybercrime targets everyone, especially the elderly and digitally uninitiated.
  • India is projected to lose ₹20k cr to cybercrime in 2025, a 75% increase from the previous year.
  • The emotional impact on victims is severe.

Approaches to Combat Cybercrime

Addressing cybercrime demands a coordinated response from all digital ecosystem players.

  • Create a fraud bureau for collective action against fraudsters.
  • Develop and share digital solutions across platforms.
  • Educate consumers on avoiding scams.
  • Implement regulation across all digital platforms, including OTT apps.

If successfully implemented, these steps can ensure India's digital revolution continues as a symbol of progress and trust.

  • Tags :
  • Cybersecurity
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