Business & FinanceTop StoryTop StoryLatest News
Survey: 12% of Indians Report Being Scammed in the Last Year
A GSMA survey reveals that 12% of respondents in India reported being scammed in the past year, higher than the 8% in the Asean-6 countries. Online shopping scams are the most common.
Confidence: 90%Sentiment: NeutralHigh Priority
What Happened?
A GSMA survey reveals that 12% of respondents in India reported being scammed in the past year, higher than the 8% in the Asean-6 countries. Online shopping scams are the most common.
AI Quick Summary
A recent survey shows 12% of Indians experienced scams in the past year, with online shopping scams being the most common.
Key points
- 12% of Indian respondents reported being scammed in the last year.
- Online shopping scams are the most prevalent at 33%.
- Messaging apps were involved in 42% of scams targeting Indian consumers.
- The survey included about 500 respondents in India.
- GSMA emphasizes the growing challenge of digital economy frauds.
Key insights
- The high percentage of scams may lead to increased consumer caution in online transactions.
- Telecom operators in India are taking proactive measures to combat fraud.
- The data suggests a need for stronger consumer protection regulations.
Why it matters
The findings highlight the significant prevalence of scams in India, affecting consumer trust.
Source
Times of India
