Financial fraud

Hackers are exploiting a technique called Ghost Tap, leveraging NFCGate to steal funds via mobile payment systems like Google Pay and Apple Pay. By relaying stolen NFC data, criminals conduct fraudulent transactions worldwide without needing physical access to victim devices. This alarming development underscores the need for heightened cybersecurity measures for mobile payment platforms.

Cybercriminals have launched a large-scale fraud campaign, using fake trading apps on the Apple App Store and Google Play to defraud victims worldwide. Disguised as legitimate financial applications, these apps lure users into fraudulent investments, resulting in significant financial losses.

Cyber fraudsters have devised a new tactic by misusing the 1930 toll-free helpline number, intended for reporting cybercrimes, to deceive unsuspecting individuals. In a recent case reported in Hyderabad, a complainant was duped of ₹29.55 lakh after being coerced into joining a fraudulent video call by criminals posing as law enforcement officials.

In the bustling city of Hyderabad, a 34-year-old doctor found herself ensnared in a web of deceit, losing a staggering ₹48 lakh to fraudsters operating under the guise of a parcel scam.

What is an HSBC phishing email? HSBC phishing emails are a type of scam where fraudsters impersonate HSBC, a global