Screen Shot scams to phishing, fraudsters are using new methods to cheat your money.
The RBI recently introduced an AI-based system to simplify the payment system. However, with the simplification of the payment system, challenges have also increased.
Fraudsters Are Using New Methods To Cheat Your Money: As the digital age continues to grow in the country, the government is working to address the challenges associated with it. Making payments through UPI has become a part of our lives today. To further simplify this system, the Reserve Bank of India has launched several apps and systems that will simplify the payment interface, allowing you to make payments from smart watches and cars. As technology advances, so too do its risks. At the same time, people are being defrauded through fake screenshots and phishing. Let's share with experts how to address the challenges of cyber fraud. Also Read: Online Fraud: New scams circulating on WhatsApp and Instagram, don’t click on link Since the advent of technology, cybercriminals increasingly target senior citizens. We spoke to Mukesh Pandey, founder of RupeePaisa.com, and Kanishk Gaur, president of the India Future Foundation, about this issue. Experts say that to avoid online fraud, first, if you receive a call from an unknown number stating that your KYC needs to be done, or that your bank account is being closed, or if a link is sent to you, do not click on it.