Cybercriminals Love Diwali Sales Too! Are you Prepared?
Dhanteras and Diwali aren’t just about lights, sweets, and family get-togethers anymore — they’ve become one of the biggest shopping seasons in India. From gold and gadgets on Dhanteras to massive online sales during Diwali week, lakhs of Indians rush to grab deals and festive discounts. But here’s the catch: cybercriminals love Diwali shopping season as much as we do — but for very different reasons. High web traffic, skyrocketing online transactions, and the “fear of missing out” on festive deals create the perfect storm for scams, phishing, and fraud. According to the Indian Cyber Crime Coordination Centre (I4C), online shopping scams in India increased by nearly 40% during the 2023 festive season. In fact, the Reserve Bank of India reported that in FY 2023-24, Indians lost ₹1,750 crore to online banking and digital payment frauds. And yes — a large chunk of
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