Vote for BJP in urban local bodies" poll for "triple engine" govt in UP: Adityanath

UP: Man booked for attempting to rape 5-year-old girl

Congress to mark 100 days of Bharat Jodo Yatra with concert in Jaipur

BJYM, Hindu outfits put off planned protest march at AMU

Karachi battles gas crisis; residents face unannounced load shedding, 2-hr gas supply in a day

Elderly man in judicial custody dies during treatment in UP hospital

Himachal Pradesh skittle Haryana for 46, take 200-run lead on Day 1

Pak court grants protective bail to PM Shehbaz"s son Suleman in money laundering case

British Library celebrates India ties with exhibition on Hampi

Nine policemen suspended after suspect dies in police custody in UP

Gangster"s property attached in UP"s Pratapgarh district

Maoists torch construction company vehicles in Jharkhand’s Chatra district

Sino-India border situation "generally stable": China on Yangtse clash

Babar Azam not taking advice from seniors, claims Shahid Afridi

Qlite Global launches their exclusive Grand Experience Centre

"Disillusioned with central leadership": Sikkim BJP president says he has resigned

2001 attack anniversary: Ready to guard new Parliament if directed, say CRPF heroes

Class 2 student dies after scuffle with fellow students in UP

Three killed in accident in UP"s Lakhimpur KheriLakhimpur Kheri (UP), Dec 13 (PTI) Three motorcycle borne youths were killed and "

Abandoned girl child from Assam adopted by Spanish professor

Home >> Lucknow

Cases of financial cyber fraud rise with etransaction surge postdemonetisation

| Tuesday | 13th November, 2018

LUCKNOW: The cases of financial cyber crime have seen a phenomenal 185% jump in the city in the past two years. Around Rs 2.5 crore were lost in financial frauds from 2016 till date in the city, claimed cyber cell officials.Nodal cyber cell in charge ( Hazratganj ) Abhay Mishra said that soon after demonetization digital transaction accounted an increase of about 30% - mostly witnessed in semi-urban and rural population. Thus, risking the susceptibility of these increased users on the digital space. Cyber experts claim that after a sudden rise in electronic transaction after demonetisation in November 2016 without adequate awareness is on of the major reason for this surge.As per the record of Lucknow Police's cyber cell, 630 such cases were recorded in 2016 while the number has crossed 1800 in 2018 so far. However, they store the card details of customers and do transactions later, said the officials of the cyber cell.The instances of card-cloning also kept the cyber cell sleuths on their toes in June this year when 99 cases of cloning were reported and then again in September when 30 such cases were reported.

LUCKNOW: The cases of financial cyber crime have seen a phenomenal 185% jump in the city in the past two years. Cyber experts claim that after a sudden rise in electronic transaction after demonetisation in November 2016 without adequate awareness is on of the major reason for this surge.As per the record of Lucknow Police's cyber cell, 630 such cases were recorded in 2016 while the number has crossed 1800 in 2018 so far. The incidents of financial fraud include vishing, phishing , card-cloning, e-wallet frauds, financial swindling via social sites and others like duping on lottery and holiday packages.In 2018, a major cyber crime was reported in May when a sum of Rs 75 lakh was transferred to an account in Mumbai of a co-operative bank through phishing. In another case, an armyman was duped of Rs 10 lakh via vishing.In vishing, miscreants impersonate themselves as bank officials and extract debit/credit card details along with card verification value (CVV) number to make transaction on phone.In Phishing, fraudsters use fake websites or payment gateways and also send links on emails re-routing to sites which shows lucrative deals and ask for online payment. However, they store the card details of customers and do transactions later, said the officials of the cyber cell.The instances of card-cloning also kept the cyber cell sleuths on their toes in June this year when 99 cases of cloning were reported and then again in September when 30 such cases were reported. In past three days, 17 cases have been reported.Police officials said that after demonetisation in November 2016, more and more people made accounts on e-wallets and increased use of point of shopping machine to make payments. Digital transactions also increased. However, lack of digital awareness made them susceptible to online frauds. Around Rs 2.5 crore were lost in financial frauds from 2016 till date in the city, claimed cyber cell officials.Nodal cyber cell in charge ( Hazratganj ) Abhay Mishra said that soon after demonetization digital transaction accounted an increase of about 30% - mostly witnessed in semi-urban and rural population. Thus, risking the susceptibility of these increased users on the digital space.

If You Like This Story, Support NYOOOZ

NYOOOZ SUPPORTER

₹ 10 - ₹ 1000

NYOOOZ FRIEND

₹ 2000 - ₹ 5000

Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.

Stay updated with all the Lucknow Latest News headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.