👍👍👍Around 500,000 people potential victims to phishing scam in India: Tanla | Business Standard News

Clipped from: https://www.business-standard.com/article/current-affairs/around-500-000-people-potential-victims-to-phishing-scam-in-india-tanla-123030300834_1.html

About 30 crore people are vulnerable to phishing attacks in India, out of which 5 lakh potentially fall prey to scamsters, a top official of cloud communications firm Tanla Platforms said here

Hackers, Hacking

About 30 crore people are vulnerable to phishing attacks in India, out of which 5 lakh potentially fall prey to scamsters, a top official of cloud communications firm Tanla Platforms said here.

The Hyderabad-based company unveiled an anti-phishing platform during Mobile World Congress 2023 here to prevent phishing messages from reaching subscribers and is currently running trials on Vodafone Idea network.

Speaking to PTI, Tanla Platforms Founder, Chairman and CEO D Uday Reddy said while the solution has been developed in India, the problem is global and Tanla has seen interest from other parts of the world.

“As per our estimates, there are around 30 crore people in India who are vulnerable to phishing attacks out of which 5 lakh people potentially get scammed. We have noticed that only 7 per cent who get scammed report about the crime due to various reasons. Anti-phishing platform will detect the scam within a minute it is introduced in India,” Reddy said.

The platform was launched by telecom regulator Trai Chairman PD Vaghela who said Tanla developed the platform following his request as the authority is very much concerned about phishing scams.

Reddy said there are 10-11 segments like fake electricity bill alerts, know your customer verification etc where most of the phishing scam happens and scammers are using both SIM and apps for fraudulent activities.

“We have to ensure that the scam messages don’t reach the user. In a bid to do so, this platform is not only connected with mobile service providers but also with platforms…like Google, WhatsApp. We have also partnered with some take down service agencies that bring down phishing sites,” Reddy said.

He said that evidence to take down phishing websites is prepared by the company’s platform and handed over to take down service agencies as well as law enforcement agencies.

“The platform not only eliminates the scam, it helps the regulator to eliminate scamsters,” Reddy said.

He said the company has started developing solutions to check voice call based scams which are expected to be launched in the next two quarters.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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