Rising Phishing Threats Target India's BFSI Sector

Cybercriminals are continually refining their tactics to evade detection and maximize their haul of sensitive information. Recent trends indicate a shift away from employing brand logos or impersonating phishing websites to more discreet and direct approaches, particularly in the lucrative realm of India’s Banking, Financial Services, and Insurance (BFSI) sector.

Recently, the Bolster Research team conducted a study that uncovered a series of phishing pages. These pages masqueraded as legitimate UPI (Unified Payments Interface) Gateway and recharge service providers while also enticing potential victims with opportunities as retailers and dealerships. However, beneath the facade of legitimate services lurked a nefarious operation aimed at illicitly acquiring personal information, including email addresses, phone numbers, PAN (Permanent Account Number), and Aadhaar Card numbers.

Such stolen data opens the door to a wide range of fraudulent activities, including identity theft and financial fraud.

Like this news article? Share it with others!

Source: Internet