Friday, 12 May, 2023

Majority of Cyber Fraud Incidents in India are Platform Frauds

The PwC India recently released a report stating that platform frauds account for the majority of cyber fraud incidents in India. These types of frauds involve the use of online platforms such as e-commerce, social media, and digital payments. The report also highlighted that there has been a significant increase in the number of cyber fraud incidents in India in the past few years, with financial losses totaling up to billions of dollars.