Shocking 72% of Indians fall victim to online fraud/scams

MUMBAI: A staggering 72 per cent of Indians have fallen victim to various types of scams/frauds online in the recent past, says an electronic survey conducted by YouGov in November, details of which will be published on Wednesday. 20 percent of those surveyed admitted to losing money to online fraud, while 47 percent said an acquaintance or friend had lost money. About 28 percent of those surveyed said they have avoided these online scams, while 10 percent responded “no.” The scams were of various nature: false employment frauds, online shopping, investment scams, phishing bank/card frauds, lotteries and false prize offers, government frauds or social networks, fraudulent loans, dating/romance news, false for-profit organizations, etc. The survey found that online shopping scams (27 percent) topped the list, followed by false job offers (26 percent), banking/card phishing (21 percent), and investment scams (18 percent). , Engaging in lucrative lotteries (18 percent). percent), scams in social networks and loan offers (17 percent each), fraudulent organizations and government phishing (12 percent each) and fraud in quote applications (11 percent each). Of the three main types of scams, Millennials have been most affected by online shopping incidents (33 percent), while Generation Z has been most affected by false job/employment offers (31 percent). Although a large number of Indian creditors have been defrauded in one or more incidents, only 30 percent reported being harassed by relevant authorities and 48 percent said they had recovered their money, involving 1,022 people. According to the quick survey conducted. Age group above 18. However, the remainder did not report losing money in these types of jobs, with 46 percent saying they would not be able to recover the money lost. When it comes to responsibility, 26 percent want the government to bear their losses, while 23 percent say consumers are responsible, 22 percent believe banks should reimburse their losses, and 4 percent want Telecom companies should be held responsible. I have been responsible.