International Cyber security Awareness Month #October 12 - Online Shopping Fraud #CyberFraud

#FakeShoppingWebsiteFrauds#OnlineShoppingFraud #OnlineFraud #Scam #CyberCrime#cybersecurity#cybersafety#securecyber#cyberquiz#cyberspace#cybernewskannada#podcastkannada This a relatively new Modus Operandi that has been adopted by cyber fraudsters to dupe people online. There are several variants of this cyber fraud. In one, the fraudsters create a genuine looking website of some known brand or even some mobile phone company such as Mi, etc. and offer cheap products. They induce the unsuspecting customer to pay online and once the payment is done, the customer never gets the ordered product. The other variant is one in which the fraudsters do not imitate any other company/website but create a new website on which the products are sold for a very cheap price. As above, the customer has to pay online but never gets the ordered product. In another variant, the fake website has a policy in which, if the customer buys any product that costs more than a certain amount, he/she becomes eligible for an expensive gift free of cost. As soon as the customer buys that product, he/she gets a call from the “customer service” of the fake website telling him that he needs to pay a certain refundable amount towards handling, maintenance, GST, etc. of the free gift that he is eligible for. The fraudsters, thus, induce the unsuspecting online buyer to deposit thousands of rupees to various bank accounts.