Founder & CEO at Zerodha & Rainmatter. Learning at Rainmatter foundation. Views are personal. Nothing here is advice.
The trend of these frauds are increasing. The past 9 months alone have had scams worth 11000 crores! I dread to think what it will be like once the fraudsters use AI. 😔 One thing you can do to protect yourself is change the settings on your WhatsApp and Telegram so strangers can't add you to groups. Here's screenshots of the settings screen that show how to do it.
Interesting
Very helpful
quick money is always a scam
Thank you for this crucial reminder. The increasing prevalence of fraud, especially with advancements in AI, is indeed concerning. Adjusting privacy settings on messaging apps is a great initial step to protect ourselves. Additionally, we should remain vigilant by: 1. Avoiding clicking on unknown links or downloading attachments from unverified sources. 2. Being cautious with the personal or financial information we share online. 3. Using multi-factor authentication and keeping our software updated. The screenshots you included will undoubtedly help many people take action. Let's keep spreading awareness to safeguard ourselves and others.
Very helpful
Helpful information! I would like to add that you must do a background check on qualifications of advisor and don’t go by the number of followers they have or photograph with high profile people. With AI anything is possible now. Nithin Kamath
Thank you for highlighting such a critical issue, Nithin. Your insights are invaluable in raising awareness and empowering individuals to safeguard themselves against these scams.
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We need to understand that there is no free lunch!!
Cyber Security | Strategic Growth Architect | Client Engagement Expert
8moIt's vital to stay vigilant and prioritize cybersecurity to protect sensitive data in today's digital world.