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India ranks 5th globally for spam with sales calls leading shocking Truecaller findings

India ranks 5th globally for spam with sales calls leading shocking Truecaller findings

A Truecaller report finds India is the fifth most spam-affected country worldwide, driven largely by commercial outreach. Sales and telemarketing calls account for 36% of spam in India, far ahead of financial services at 18% and scams at 12%, highlighting how everyday marketing lines up with unwanted communications.

Summarised by Beize from a story on The Economic Times on 5 May 2026
War without borders is here as cyberattacks surge across infrastructure and everyday lives

War without borders is here as cyberattacks surge across infrastructure and everyday lives

Cyber conflict is spilling beyond traditional battle lines after US and Israeli strikes on Iran, with hacktivists and state-backed groups launching cross-border attacks. The fallout is a fast-growing cybercrime economy that blurs war and wrongdoing, creating new openings for financially motivated scams. Critical infrastructure such as energy and aviation now faces escalating risk, while everyday users get targeted with more sophisticated fraud.

Summarised by Beize from a story on The Economic Times on 5 May 2026

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UPI challengers push NPCI for fair play as WhatsApp toughens scam defenses

UPI challengers push NPCI for fair play as WhatsApp toughens scam defenses

Smaller UPI players are set to meet NPCI, arguing that the rapid rise of leaders like PhonePe, Google Pay and Paytm needs a fairer framework. In the same tech update, WhatsApp reportedly tightens defenses against scams—raising pressure on platforms and payments ecosystems to improve safeguards while competition heats up.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
FTC warns social media scams cost consumers 2.1 billion in 2025

FTC warns social media scams cost consumers 2.1 billion in 2025

The FTC reports that social media scams triggered $2.1 billion in consumer losses in 2025, with losses rising eightfold. It says social media scams also produced the highest losses of any contact method used by scammers, underscoring how rapidly fraud is migrating to platforms where people share and trust strangers.

Summarised by Beize from a story on TechCrunch on 27 Apr 2026
Scam Warning as Messages Offer Safe Passage Through Strait of Hormuz for Crypto

Scam Warning as Messages Offer Safe Passage Through Strait of Hormuz for Crypto

A Greek maritime risk firm says fraudulent messages are being sent to some shipping companies, promising safe transit through the Strait of Hormuz. The scam reportedly targets vessels stranded west of the waterway and asks for cryptocurrency in exchange for passage assurances, raising fears of fraud during heightened regional scrutiny.

Summarised by Beize from a story on Republic on 24 Apr 2026
Thailand warns travelers about fake Digital Arrival Card sites charging fees and stealing identities

Thailand warns travelers about fake Digital Arrival Card sites charging fees and stealing identities

Thailand has warned travelers to avoid fake websites offering the Digital Arrival Card, which is mandatory for foreign visitors but completely free. Scammers are reportedly charging fees and using unofficial forms that can expose personal data. Travelers should register only through official Thai immigration channels at least three days before departure to prevent delays at immigration counters.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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ED shifts to victim compensation and banks want credit for INR 29000 crore cheques

ED shifts to victim compensation and banks want credit for INR 29000 crore cheques

Enforcement Directorate (ED) is now placing greater weight on compensating scam victims, signaling a shift in how financial enforcement delivers justice. The change is being framed as both an evolution of the agency’s role and a way to strengthen public confidence in India’s financial system, with banks reportedly welcoming the direction and scale of support.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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