Introduction to Online Financial Fraud
Online payments make life easier. However, they also create risks. Scammers use fake calls, phishing links, QR tricks, and false identities to steal money. As a result, anyone who uses digital payments can become a target. Therefore, learning about online financial fraud can help people spot warning signs and make safer choices.
About the Online Financial Fraud Session
Date: 26 July 2026
Time: 7:00 PM
Mode: Online
Series: CyberShakti Cohort 2, Day 3
Organised by: Project CyberShield
About the Guest Speaker
Advocate Khushi Sharma, a legal expert in cybercrime and digital payments, led the session. She shared real cases and simple safety steps. In addition, she explained how quick thinking can help people avoid financial loss.
Why Online Financial Fraud Matters
As digital banking grows, scammers find new ways to trick users. For example, they may create fear or urgency. Therefore, knowing common scam methods can help users pause and verify information before taking action.
Key Online Financial Fraud Topics
Why Financial Cybercrime Is Rising
The speaker explained that scammers target fear, trust, and urgency. Meanwhile, online banking gives fraudsters more chances to target users.
Why Women Are Often Targeted
Women may handle household payments and family banking. Because of this, scammers may target them with fake emergencies or false claims.
UPI, QR Code, and Payment App Frauds
Participants learned that scanning a QR code usually sends money rather than receives it. Therefore, users should check every payment request before approving it.
OTP, KYC, and Impersonation Scams
Scammers may pretend to be bank staff or government officials. They may ask for OTPs, CVV numbers, PINs, or KYC details. However, users should never share confidential banking information through unexpected calls or messages.
Digital Arrest, Fake Jobs, and Malicious Links
The session covered digital arrest scams, fake jobs, phishing, and harmful apps. As a result, participants learned to avoid unknown links and untrusted apps.
Protecting Personal Data and Reporting Fraud
The speaker advised participants to record suspicious transactions and report fraud quickly. Users can report financial cybercrime through the 1930 Cyber Crime Helpline and the official Cyber Crime Reporting Portal.
Important Online Financial Fraud Safety Tips
- First, never share OTPs, CVV numbers, PINs, or banking passwords.
- Next, verify every payment request before sending money.
- Also, remember that scanning a QR code usually sends money.
- Finally, report suspected fraud as soon as possible.
Audience Interaction During the Online Financial Fraud Session
The session included questions and real-life cases. Moreover, participants asked about UPI scams, fake bank calls, and digital arrest scams. In addition, these examples showed common scam methods and helped participants understand how to respond safely.
Watch the Full Online Financial Fraud Session
The complete session is available on YouTube. There, viewers can learn ways to identify online financial fraud and protect their money.
Building Safer Financial Habits
Online financial safety starts with simple habits. For example, users can verify requests, protect banking details, and avoid unknown links. In addition, quick reporting can help limit the impact of fraud. Ultimately, awareness and careful decisions can help people use digital payments with greater confidence.
Want to explore more cybersecurity awareness activities? Visit our Blogs to discover more campaigns and events. You can also visit our Naksh Foundation to learn about all the initiatives we undertake.