fromTechCrunch
3 days agoGoogle steps up AI scam protection in India, but gaps remain | TechCrunch
Frauds involving digital transactions accounted for more than half of all reported bank fraud in 2024 - 13,516 cases resulting in losses of ₹5.2 billion (about $58.61 million), according to the Reserve Bank of India (RBI). Online scams caused an estimated ₹70 billion (roughly $789 million) in losses in the first five months of 2025, the Ministry of Home Affairs said.
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