Be warned: After global tech outage, phishing schemes and scammers may try to exploit you

Be warned: After global tech outage, phishing schemes and scammers may try to exploit you

Efforts to deal with a global tech outage that caused chaos for travellers, hospitals and banks are underway, but it may not be the end of your computer woes: Phishing schemes trying to reel in businesses and individuals are now coming to light. Security specialists are warning to be aware of malicious actors purporting to be tech specialists offering help to recover … Read more

Card Skimmers Are On The Rise: Here Are The Top Ways To Stay Safe According To Experts

Card Skimmers Are On The Rise: Here Are The Top Ways To Stay Safe According To Experts

Have you seen a loose card reader on an ATM or discolouration between the machine’s body and the card reader? According to the FBI, scammers increasingly use card skimming devices to collect credit or debit card data from the magnetic stripe when a card is swiped, costing consumers and banks almost $1 billion annually. Card … Read more

China rolls out ‘zero tolerance’ crackdown on fake government officials, financial crimes

China rolls out ‘zero tolerance’ crackdown on fake government officials, financial crimes

Beijing has launched a nationwide “zero tolerance” crackdown on people who pretend to be government officials to defraud investors by selling fake official seals – among other schemes. In a meeting last week, the Ministry of Public Security called on agencies nationwide to target people who impersonated officials from government ministries or state-owned companies to … Read more

Scammers using fake QR codes to steal your information, warns US FTC

Scammers using fake QR codes to steal your information, warns US FTC

New Delhi: As millions of Indians use QR codes for various financial transactions like paying for dinner at a restaurant, board a flight or pay for daily groceries, the US Federal Trade Commission (FTC) has warned the public against scanning any QR code as scammers hide harmful links in QR codes to steal your information. … Read more

Amazon sues scammers for stealing millions of dollars via fake returns

Amazon sues scammers for stealing millions of dollars via fake returns

San Francisco: Amazon has sued an enterprising group called REKK, which is responsible for stealing millions of dollars of products from Amazon’s online stores through systematic refund abuse. Through the lawsuit, Amazon said it aims to expose their conspiracy and hold them accountable for their fraudulent activity. Protecting customers and earning the trust of selling … Read more