SSS - Scam Sinister Society
Online scams have recently boosted up in the last few years gaining quite a lot of popularity, where 5 out of 10 people get caught up in online scams and end up pouring a lump sum of hard earned money down the drain. There have been frequent cases, where the victim's bank account is hacked just by gathering personal details like location, bank account details, family details etc. Once these details are gathered, the hackers contact the concerned person luring them into revealing the OTP (one-time-password) which is used to secure online transactions, and/or other debit/credit card details. Even the banks cannot be held responsible in these cases as the victim shares the OTP voluntarily. Further, 90% of the surveyed people in India have lost money. Regionally, the average financial loss per person is Rs 6,81,070, but alarmingly in India, the average loss reaches up to Rs 8,19,000. In India, about 39% users have been a victim of 'work from home' scam. It...