Fraud of Millions in the Name of Updating Phone to 5G

 


In today's digital age, cyber fraudsters have become experts in tricking people with attractive offers and stealing their personal information or money. The latest technique used by these criminals is to cheat people by offering them an upgrade of their 4G SIM to the 5G network. With the launch of 5G in over a dozen cities in India, people are excited about it, and cyber fraudsters are taking advantage of this situation.

The cybercriminals send messages to mobile users in most cities, offering them a 5G SIM upgrade and network improvement. These messages appear authentic as they use the same numbers used by mobile companies, which can easily trick people. The fraudsters lure people to download an app called Anydesk, enter the OTP sent to their mobile number, and steal their money. Once the victim provides the OTP, the money is automatically transferred from their account to other accounts, and the fraudsters withdraw the money from the victim's account. This is a new way of cyber fraud that people should be aware of.

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Experts recommend that people should not fall prey to these offers for 5G SIM upgrades and should stay alert to any suspicious messages or links. They advise that people should only contact the concerned company if they want to upgrade their SIM from 4G to 5G and not trust any unknown messages or calls.

The increasing rise of cyber fraud is a serious issue that affects millions of people worldwide. Cyber fraudsters have become more sophisticated, making it difficult for people to detect their fraudulent activities. The best way to prevent becoming a victim of cyber fraud is to stay alert and cautious of any suspicious messages, emails, or calls.

Apart from SIM upgrade frauds, there are several other types of cyber frauds that people should be aware of, such as phishing scams, identity theft, investment scams, and online shopping frauds. Cyber fraudsters are continuously devising new ways to deceive people and steal their money. It is crucial to stay updated on the latest fraud trends and take necessary precautions.

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To protect oneself from cyber fraud, one should keep personal information secure, such as passwords, banking information, and personal identification details. It is recommended that one should never disclose this information to anyone, especially on unknown websites or calls. It is also essential to install antivirus software and update it regularly to prevent malware attacks.

In conclusion, cyber fraud is a growing concern that affects people of all ages and backgrounds. The rise of SIM upgrade frauds in the name of 5G is a new type of cyber fraud that people should be aware of and stay cautious. It is crucial to be vigilant and take necessary precautions to protect oneself from cyber frauds. Staying informed and taking necessary steps to protect oneself from cyber fraud is the best way to safeguard against cybercriminals

Source: https://www.the420.in/fraud-of-millions-in-the-name-of-updating-phone-to-5g/


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