FRAUDALERT
It began, as many turning points do, with a strangely honest confession. Aditya Agarwal, one of Facebook’s earliest engineers and a former chief technology officer (CTO) of Dropbox

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The head of America’s cyber defence agency recently illustrated a risk that millions of people take every day — sharing sensitive information with public artificial intelligence (AI) tools without really thinking about where that data ends up.

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From fake marriage proposals to forged investment platforms, cyber fraud is increasingly driven by trust rather than technology. In one case, a software engineer was cheated of ₹1.53 crore by a man she met on a matrimonial website who posed as a wealthy businessman. He introduced his real wife as his sister, and emotionally manipulated her into taking loans using fabricated business crises. The scam surfaced only after repeated delays in marriage, leading to arrests.

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A few days ago, a friend shared a link with me. His son had received it while applying for a job with MahaMetro. At first glance, it looked like a routine recruitment form. The kind job seekers see every day. But something did not feel right.

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For a long time, we were told that the internet’s worst crimes lived deep in the shadows, buried inside the dark web, accessible only through Tor browsers and anonymous crypto wallets.

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Vedika, a 22-year-old engineering graduate, has been searching for her first job. She was contacted on LinkedIn by someone claiming to be a recruiter from a well-known IT services company.

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It started with a moment of confusion that felt almost trivial. A Mumbai-based accountant received a message from a colleague asking why he had sent her a strange photo link at a late hour. He hadn’t. A few hours later, his phone began ringing again, this time from family members.

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Today, almost everyone is connected to the online world—by choice, by necessity, or simply because modern systems leave us with little alternative.

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Bollywood star Dharmendra’s passing has brought many of his memorable stories, films and songs back into the spotlight on social media. Among them are several video clips created using artificial intelligence (AI).

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Every week, I track how fraudsters and cybercriminals from around the world adapt more quickly than regulators and remain several steps ahead of law enforcement agencies (LEAs). But a bigger danger is now emerging: a growing digital trust deficit. This is the widening gap between what citizens expect from digital systems — security, transparency and privacy — and what they actually experience: repeated data leaks, opaque processes and constant cyberattacks. Unfortunately, this loss of trust only makes it easier for cybercriminals and fraudsters to operate.

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Mumbai police’s economic offences wing (EOW) has uncovered two major financial frauds that show how sophisticated networks are targeting unsuspecting investors — from first-time traders to senior citizens who have inherited assets.

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Adv (Dr) Prashant Mali 24 November 2025
Financial inclusion was never the problem. Lack of financial hygiene was. And today, the prime minister’s Jan Dhan Yojana (PMJDY or Jan Dhan), once celebrated as the world’s largest banking inclusion project, is quietly mutating into India’s most vulnerable attack surface for cybercrime.

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Two recent incidents show how cybercriminals are quickly changing their tactics to fool even alert and well-informed people.

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A disturbing trend is spreading across India — fraudsters are using leaked personal and business data to pose as government officials. They are calling citizens and company representatives on the phone and through WhatsApp, threatening them with legal action or arrest. These scams are becoming more sophisticated, often supported by fake identity cards and forged documents that look genuine at first glance.

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Recent reports from the US department of homeland security and cybersecurity services providers reveal that Chinese criminal organisations have earned more than US$1bn (billion) through a wave of sophisticated text message scams — a scheme that serves as a global warning, including for India.

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Identity-based cyberattacks are now among the most serious and fastest-growing online threats affecting both individuals and organisations across the world. New research from Sophos X-Ops counter threat unit (CTU) shows that the number of stolen login details for sale on the dark web has increased by 106% between June 2024 and June 2025. This sharp rise demonstrates how hackers now view digital identities as a valuable commodity in the world of cybercrime.

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A recent meme on social media perfectly captured the absurdity of today’s 'smart' era. “When your smart water purifier won’t give you drinking water because Amazon Web Services (AWS) is down,” posted user @IndraVahan, along with an image of a futuristic purifier refusing to work due to a cloud outage. The picture had a 'Dream' watermark — likely AI-generated — but the joke felt uncomfortably close to reality.

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Artificial intelligence (AI) is often praised as the future of efficiency — capable of writing reports, summarising data, and supporting decision-making.

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As cases of digital arrest scams rise across India—often leading to serious consequences, including financial losses for victims—law enforcement agencies (LEAs) have stepped up their crackdown on these transnational, cyber-enabled frauds.

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“Apply now and get a FREE laptop from the Government of India.”

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