This is an archive article published on September 6, 2021
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How easy are you making it for hackers to hack you?

In the first six months of 2020 alone, there was a reported loss of a record high of almost $117 million to scams that started on social media alone, according to Data Spotlight.

cyber security, cyberattacks, Hacking India, cyber security India, India hacking methods, Cyber hacking precautions,The Cyber Cell of UT Police has arrested three suspects from Nagpur for their alleged involvement in a Rs 12.65 lakh cheating case, the money from which was further invested in crypto currencies. (File)
5 min readSep 6, 2021 11:44 AM IST First published on: Sep 6, 2021 at 11:44 AM IST

Written by Rahul Tyagi

Five years ago, India had just two mobile manufacturing plants and more than half of the population purchased imported smartphones. Today, the country has over 127 mobile manufacturing plants and is the second-highest market for these devices. In parallel, the number of active social media users has soared beyond 450 million and at least 273 crore transactions through BHIM UPI just in March 2021. Digital India is here, and how.

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But not all is great. In the first six months of 2020 alone, there was a reported loss of a record high of almost $117 million to scams that started on social media alone, according to Data Spotlight. The most popular social media scam currently is that of online sellers using various platforms to “sell” products they never intended to dispatch in the first place – this constitutes more than 25% of all reported scams on social media!

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