Amidst the buzzing cyber frauds- Paytm hoax messages on KYC, it becomes important for both consumers and enterprises to be alert and aware about the kind of risks that they are exposed to.
Cyber fraudsters have found a new way to remotely access user’s devices through which they can easily get every information including banking and payment applications. E-commerce company Paytm has issued a warning to its customers to alert them of fraudulent messages asking customers about KYC.
In a recent incident, Paytm founder Vijay Shekhar Sharma took on to social media requesting customers to remain cautious of these fraud messages and asked them not to fall victim to scam messages or emails coming from scammers and pretending to be company officials.
Witnessing this please advise the scope of interaction with Pavan Kushwaha, CEO of cybersecurity firm Kratikal to share his expert opinion on Why smishing attack is becoming an emerging and evolving threat posture in the world of cybersecurity.
Pavan Kushwaha, CEO of cybersecurity firm Kratikal take on ongoing smishing attacks:
“Such manipulative messages are cyber attacks and people easily fall victim to their urgent requests. This only leads to the loss of personal as well as financial information. Such smishing attacks must not be neglected and every individual or firm must take preventive measures for data security. It is advisable to not to click on messages coming from unknown resources or numbers as these messages are the bearers of malicious links. It is better not to respond to messages coming from unknown or untraceable numbers, asking for financial information or personal details. Apart from that, cybersecurity firms have designed and developed various cybersecurity products to help individuals and organizations in securing their data from advancing cyberattacks. “