India Fights Crypto Scams with Google and Facebook’s Help
In an effort to combat pig butchering scams, India is working with tech behemoths Google and Facebook. The Indian Union Home Ministry’s 2024 annual report states that these scams specifically target vulnerable groups, taking advantage of their desire for rapid financial gains, including housewives, students, unemployed youths, and those in financial hardship.
According to the report, cyber fraudsters frequently misuse Google’s advertisement services and Facebook’s sponsored ads to launch fraudulent applications and malicious phishing schemes.
In order to combat this, the Indian Cyber Crime Coordination Centre (I4C) has partnered with these tech platforms to address the growing rate of cybercrimes occurring through their…