The Press Information Bureau (PIB) has issued a fact-check report for State Bank of India (SBI) customers, warning them against a fraudulent message circulating online.In a post on social media, the PIB cautioned users about messages asking recipients to download and install an APK file to redeem SBI rewards, urging people to remain vigilant as such links are part of an ongoing SMS and WhatsApp scam.“Did you also receive a message asking you to download & install an APK file to redeem SBI rewards? SBI never ...

What we're seeing is this globalization of online crime, but also the globalization of Chinese crime, geographically diverse, and also diverse in terms of activities. Where exactly is the crime. >> 10 years ago, I think you had to be probably really smart, very technical.But now with a crime as a service, you don't have to be so smart anymore. Literally hundreds of thousands of people work in scam compounds in countries like Cambodia, Laos, and Myanmar. Scam operations nowadays are a little bit like multina ...

Investigations into scamming operations by the West are a big step forward. Yet action against one alleged player can only ever make modest ripples in a business as massive as online fraud https://t.co/otUMF5Gu82Illustration: Lan Truong https://t.co/KWPfSe1DU7 ...

Joint action by America and Britain implies a new determination to curb online fraud. But efforts to quash the scam industry, which is lucrative, adaptable and extremely well-protected still have a very long way to go https://t.co/Rlu8MP3mYW ...

Group 1 - The core viewpoint of the articles emphasizes the importance of financial education and consumer protection in the context of rising AI technology and its associated risks [2][5][9] - The financial regulatory authorities in China have launched a financial education campaign to enhance public awareness of financial literacy and risk prevention, particularly in light of new fraud techniques enabled by AI [2][5] - AI technologies are being exploited by criminals to create deceptive audio and visual content, leading to increased risks of fraud against consumers [5][11] Group 2 - The main fraudulent techniques identified include "voice simulation" and "face swapping," which are used to impersonate individuals and deceive victims into transferring money or sharing sensitive information [5][11] - Criminals often pose as familiar contacts or authority figures through social media and phone calls, making it crucial for consumers to verify identities before engaging in financial transactions [12] - Consumers are advised to protect their personal digital information, such as photos and voice recordings, to mitigate the risk of being targeted by these advanced scams [13]