Tag: online scams

Amazon, eBay, Facebook to Google, Tech giants on board to bust online scams: UK govt
1Dec By adminNo Comments
Technology

Amazon, eBay, Facebook to Google, Tech giants on board to bust online scams: UK govt

[ad_1] Eleven global tech giants have pledged to do more to tackle the scourge of online scammers, the UK government said on Thursday, billing the promise as a world first. Amazon, eBay, Facebook, Google, Instagram, LinkedIn, Match Group, Microsoft, Snapchat, TikTok, and YouTube have signed up to the Online Fraud Charter, which ministers say will better protect users.The tech giants have promised to take tougher action within six months to block and remove scams, such as fake adverts and romance fraud, from their platforms. Actions include verifying new advertisers, better checks on online marketplaces, and giving users of dating sites the opportunity to prove their real identity. The voluntary charter, developed with the tech firms, will also seek to prevent ads for age-restricted prod...
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ChatGPT-like AI tools assisting cybercriminals to pull off shockingly effective online scams
25Nov By adminNo Comments
Technology

ChatGPT-like AI tools assisting cybercriminals to pull off shockingly effective online scams

[ad_1] Online scams are rising phenomenally, and some experts believe that it is about to explode even further. According to a report by Scamwatch, an online scam-monitoring website, a total of 257,392 cases have been reported by October 2023, marking a sharp increase from 2022's 239,237 cases. Cybercriminals have begun taking the help of generative AI tools such as ChatGPT to start campaigns at a much faster rate and they are making their fake claims much more believable, indicating they will easily fool the victim with their nefarious tactics. Earlier, this was a huge problem for cybercriminals.Speaking with CBS MoneyWatch, Michael Bordash, senior vice president of US-based telecom company Syniverse, said, “Unfortunately, criminals are getting much better at writing English. ChatGPT i...
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Man loses Rs. 18 lakh in online job scam: Stay safe with these 5 tips
27Aug By adminNo Comments
Technology

Man loses Rs. 18 lakh in online job scam: Stay safe with these 5 tips

[ad_1] In recent times, there has been a significant increase in online scams in India. People are getting caught up in the tricks of fraudsters, losing their money to intricate and flawlessly executed online scams. Many fall for the promise of easy earnings by taking up part-time jobs or completing tasks online. Scammers often reach out through WhatsApp, offering a chance to make money from home.In the most recent case, a man from Mumbai became a victim of such a scam and lost around ₹18 lakh while trying to earn some extra cash online. The Story of the Mumbai ManAs reported by PTI, a 48-year-old man from Kharghar was lured by scammers who promised quick money. He was asked to complete certain tasks for this. Initially, he did receive some money from these tasks. However, he ended up ...
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Beware of Valentine’s Day Romance scams; here is what happens
7Feb By adminNo Comments
Technology

Beware of Valentine’s Day Romance scams; here is what happens

[ad_1] Love is in the air and online dating apps such as Tinder, Bumble, OkCupid are humming with activity courtesy the approaching Valentine's Day. All these online dating apps are definitely a great way to find love and build relationships, but what comes free with them are romance scams! There are high chances that fraudsters will take advantage of individuals searching for love or companionship via online dating apps during this season. Unfortunately, many people end up becoming victims of online romance scams. These scams usually begin with a fast-paced online relationship and end up with an online financial crime.In view of this, the FBI Columbia field office has issued a warning to be careful of potential romance scams ahead of Valentine's Day. According to the 2021 Internet Cri...
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AI chatbots seducing victims as online scams get even more SINISTER
27Jan By adminNo Comments
Technology

AI chatbots seducing victims as online scams get even more SINISTER

[ad_1] The use of AI chatbots in pulling off romantic online scams can make life a nightmare for the victims. The world of online scams is constantly evolving. Today, there are a plethora of online scams duping victims including phishing scams, lottery scams, fake job scams, ponzi scams, tech support scams and romance scams. All of these scams work on the same principle — they first hook the victim with a lucrative offer and then try to siphon their personal and financial information and steal money from them. And now, romance scams are being weaponised due to the emergence of AI chatbots.AI chatbots, such as the popular ChatGPT, are capable of having conversations with users with contextual and human-like responses. They also learn from the conversation itself and can adapt themselve...
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Beware of these threats in 2023! 4 new online scams can steal your money-McAfee report
6Dec By adminNo Comments
Technology

Beware of these threats in 2023! 4 new online scams can steal your money-McAfee report

[ad_1] McAfee has made predictions around four new online scams that can steal your money and cryptocurrency in 2023. Check them now. Online scams have been rising ever since the Covid-19 pandemic struck in 2020 and the world had to rely more on the digital infrastructure. In just 2022, we saw some major online scams take place that didn't even spare the celebrities. From TV actress Aman Sandhu to Shubhangi Atre fell for these vicious crimes and lost their money. McAfee, a San Jose-based computer security software company, has now made threat predictions for 2023 and revealed four major online scams that are expected to rise next year. Know about them to save yourself from scammers and not to lose your money.McAfee predicts four new online scams that can emerge 2023In its press releas...
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Online scams push Chinese victims into debt and shame
10Nov By adminNo Comments
Technology

Online scams push Chinese victims into debt and shame

[ad_1] Huang is now haunted by debt -- the target of a scheme operated by international crime groups that force human trafficking victims to do online scamming work. Once carefree and comfortable, Huang is now haunted by debt -- the target of a scheme operated by international crime groups that force human trafficking victims to do online scamming work. She is among a growing number of Chinese people lured into handing over large sums of cash by scammers posing as potential love interests. Known as "pig butchering", the schemes are operated by crime syndicates in Southeast Asia suspected of abducting Chinese citizens and others, and forcing them to swindle their compatriots. The scammers groom targets for weeks before cajoling them into ploughing money into fake investment plat...
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Got a package from Flipkart? Avoid shock, Do NOT share OTP till you do THIS
28Sep By adminNo Comments
Technology

Got a package from Flipkart? Avoid shock, Do NOT share OTP till you do THIS

[ad_1] If you are expecting a package from Flipkart and don't want to get shocked, do not share the OTP before you do this. Yesterday, September 27, a shocking incident came to the surface. A Flipkart user had ordered a laptop but after receiving the package, he found Ghadi detergent inside the box instead. A real shock to the system! Clearly, he was duped by the third-party seller on the ecommerce platform. But when he decided to contact Flipkart for return and refund, the company declined. The reason given by the company is that the product was received as the OTP was shared with the delivery person. Turns out, Flipkart is running a pilot process where customers have to open the package and verify the content before sharing...
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