By Express News ServiceBENGALURU: Nearly 54% of Indian consumers have been victim of an online scam during festive season.Nearly 65% of these victims reported losing money, with the majority of people losing up to Rs 40,000, according to a study. McAfee Corp’s results of its inaugural Global Festive Shopping Scams Study on Tuesday, and the study says this year, 44% of Indians planned to do more online shopping as against previous years, and during the festive season, 77% of shoppers saw an uptick in cybercriminal activity and 95% thought use of artificial intelligence would impact the amount and types of scams. “With the speed and sophistication of scams rising due to AI, and consumers busier than ever, knowledge is the first line of data protection defence. Follow The New Indian Express channel on WhatsAppBENGALURU: Nearly 54% of Indian consumers have been victim of an online scam during festive season.Nearly 65% of these victims reported losing money, with the majority of people losing up to Rs 40,000, according to a study. McAfee Corp’s results of its inaugural Global Festive Shopping Scams Study on Tuesday, and the study says this year, 44% of Indians planned to do more online shopping as against previous years, and during the festive season, 77% of shoppers saw an uptick in cybercriminal activity and 95% thought use of artificial intelligence would impact the amount and types of scams.

Source: Indian Express December 06, 2023 08:09 UTC