Domestic UPI Frauds: Finance Ministry Presented Data in LokSabha
Introduction
According to the Finance Ministry's data, the incidence of domestic Unified Payment Interface (UPI) fraud rose by 85% in FY 2023-24 compared to FY 2022-23. Further, as of September of FY 2024-25, 6.32 lakh fraud cases had been already reported, amounting to Rs 485 crore. The data was shared on 25th November 2024, by the Finance Ministry in response to a question in Lok Sabha’s winter session about the fraud in UPI transactions during the past three fiscal years.
Statistics

UPI Frauds and Government's Countermeasures
On the query as to measures taken by the government for safe and secure UPI transactions and prevention of fraud in the transactions, the ministry has highlighted the measures as follows:
- The Reserve Bank of India (RBI) has launched the Central Payment Fraud Information Registry (CPFIR), a web-based tool for reporting payment-related frauds, operational since March 2020, and it requires requiring all Regulated Entities (RE) to report payment-related frauds to the said CPFIR.
- The Government, RBI, and National Payments Corporation of India (NPCI) have implemented various measures to prevent payment-related frauds, including UPI transaction frauds. These include device binding, two-factor authentication through PIN, daily transaction limits, and limits on use cases.
- Further, NPCI offers a fraud monitoring solution for banks, enabling them to alert and decline transactions using AI/ML models. RBI and banks are also promoting awareness through SMS, radio, and publicity on 'cyber-crime prevention'.
- The Ministry of Home Affairs has launched a National Cybercrime Reporting Portal (NCRP) (www.cybercrime.gov.in) and a National Cybercrime Helpline Number 1930 to help citizens report cyber incidents, including financial fraud. Customers can also report fraud on the official websites of their bank or bank branches.
- The Department of Telecommunications has introduced the Digital Intelligence Platform (DIP) and 'Chakshu' facility on the Sanchar Saathi portal, enabling citizens to report suspected fraud messages via call, SMS, or WhatsApp.
Conclusion
UPI is India's most popular digital payment method. As of June 2024, there are around 350 million active users of the UPI in India. The Indian Cyber Crime Coordination Centre (I4C) report indicates that ‘Online Financial Fraud’, a cyber crime category under NCRP, is the most prevalent among others. The rise of financial fraud, particularly UPI fraud is cause for alarm, the scammers use sophisticated strategies to deceive victims. It is high time for netizens to exercise caution and care with their personal and financial information, stay aware of common tactics used by fraudsters, and adhere to best security practices for secure transactions and the safe use of UPI services.
References
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Introduction
The advancement of technology has brought about remarkable changes in the aviation industry, including the introduction of inflight internet access systems. While these systems provide passengers with connectivity during their flights, they also introduce potential vulnerabilities that can compromise the security of aircraft systems.
Inflight Internet Access Systems
Inflight internet access systems have become integral to the modern air travel experience, allowing passengers to stay connected even at 30,000 feet. However, these systems can also be attractive targets for hackers, raising concerns about the safety and security of aircraft operations.
The Vulnerabilities of Inflight Internet Access Systems:
Securing Networked Avionics
Avionics, the electronic systems that support aircraft operation, play a crucial role in flight safety and navigation. While networked avionics are designed with robust security measures, they are not invulnerable to cyber threats. Therefore, it is essential to implement comprehensive security measures to protect these critical systems.
- Ensuring Robust Architecture: Networked avionics should be designed with a strong focus on security. Implementing secure network architectures, such as segmentation and isolation, can minimise the risk of unauthorised access and limit the potential impact of a breach.
- Rigorous Security Testing: Avionics systems should undergo rigorous security testing to identify vulnerabilities and weaknesses. Regular assessments, penetration testing, and vulnerability scanning are essential to proactively address any security flaws.
- Collaborative Industry Efforts: Collaboration between manufacturers, airlines, regulatory bodies, and security researchers is crucial in strengthening the security of networked avionics. Sharing information, best practices, and lessons learned can help identify and address emerging threats effectively.
- Continuous Monitoring and Updtes: Networked avionics should be continuously monitored for any potential security breaches. Prompt updates and patches should be applied to address newly discovered vulnerabilities and protect against known attack vectors.
Best practices to be adopted for the security of Aircraft Systems
- Holistic Security Approach: Recognizing the interconnectedness of inflight internet access systems and networked avionics is essential. A holistic security approach should be adopted to address vulnerabilities in both systems and protect the overall aircraft infrastructure.
- Comprehensive Security Measures: The security of inflight internet access systems should be on par with any other internet-connected device. Strong authentication, encryption, intrusion detection, and prevention systems should be implemented to mitigate risks and ensure the integrity of data transmissions.
- Responsible Practices and Industry Collaboration: Encouraging responsible practices and fostering collaboration between security researchers and industry stakeholders can accelerate the identification and remediation of vulnerabilities. Open communication channels and a cooperative mindset are vital in addressing emerging threats effectively.
- Robust Access Controls: Strong access controls, such as multi-factor authentication and role-based access, should be implemented to limit unauthorised access to avionics systems. Only authorised personnel should have the necessary privileges to interact with these critical systems.
Conclusion
Inflight internet access systems bring convenience and connectivity to air travel but also introduce potential risks to the security of aircraft systems. It is crucial to understand and address the vulnerabilities associated with these systems to protect networked avionics and ensure passenger safety. By implementing robust security measures, conducting regular assessments, fostering collaboration, and adopting a comprehensive approach to aircraft cybersecurity, the aviation industry can mitigate the risks and navigate the sky with enhanced safety and confidence. Inflight internet access systems and networked avionics are vital components of modern aircraft, providing connectivity and supporting critical flight operations. Balancing connectivity and cybersecurity is crucial to ensure the safety and integrity of aircraft systems.
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Executive Summary:
On July 4, 2024, a giant password dump, “RockYou2024” was posted on a cybercrime marketplace containing 9,948,575,739 plain-text credentials. This blog explains the technical aspects of this leakage and its consequences in the sphere of information security.
RockYou2024 is a list of passwords obtained from different data breaches ranging over the course of more than twenty years. It integrates older passwords with the lexical database with the additional passwords from the recent hacks, thereby, cumulating the database of genuine and existing passwords. The compilation is said to contain data from more than 4,000 databases putting the tool in the hands of potential attackers. RockYou owns the name to this type of attack since a data breach attacked a social media company named , “RockYou'' and released 3.2 million users’ passwords as a .txt file. Since then, the term gained a common meaning connected with mass password data breaches.
Technical Implications:
- Credential Stuffing Attacks: The RockYou2024 list comprises a great number of actual passwords that increases the likelihood of credential stuffing attacks. With this, the attackers help themselves with an opportunity to try to gain unlawful access into several online accounts that a user may have, particularly ones where an individual re-uses the same password.
- Brute-Force Attacks: The collection is extensive for brute force attack on systems that have no protection against such exercise. This is especially the case for devices and services that are exposed to the internet and which may use either weak or factory-set alphanumeric codes.
- Password Cracking: Web compilations that include such lists are often employed by security specialists and penetration testers who use John the Ripper or Hashcat to check the password’s strength or the system’s susceptibility to attacks.
- Machine Learning Models: The dataset could be used to create machine learning models for password prediction or analysis, which would only lead to further better methods to be used in the attacks.
Countermeasures / Mitigation:
Below are the technical risk/process operating proposed to reduce the risks associated with RockYou2024:
- Password Hashing: It is necessary to ensure that all the passwords required to be saved should be encrypted in one of the most secure algorithms like bcrypt, Argon2, or PBKDF2 along with a reasonable number of iterations.
- Salt and Pepper: The features for both salting and peppering should also be enabled to complicate the cracking of passwords even after the hashed password databases have been procured.
- Multi-Factor Authentication (MFA): Ensure the usage of complex passwords in addition to deploying MFA across all the technological systems and services within the company.
- Password Strength Policies: Adhere to password policies for features like the length, strength of the passwords and the change in password frequency.
- Rate Limiting and Account Lockouts: Inactivity methods must be used on consecutive attempts to log in and to the temporary lock out after so many attempts in a bid to discourage brute force attacks.
- Monitoring and Alerting: There should be measures in place to monitor for any violations such as login tappings or a form of credential stuffings and there should be alerts, where securities risks are likely to arise, in real time.
- API Security: The following proper API security measures that will result in the prevention of the following attacks; rate limiting, input validation, and token.
- Web Application Firewalls (WAF): To defend against threats from the internet for potential credential stuffing or brute-forcing the authentication process, utilize WAFs to operate at the application layer.
Analyzing the Impact:
To understand the potential impact of RockYou2024, organizations should assess the possible effects of RockYou2024, such as:
- Conduct Password Audits: LeakYou2024 scan current passwords database with RockYou2024 (in ethical and safe methods) and see which accounts have been compromised.
- Implement Continuous Monitoring: If this is a monthly or weekly event then there must be new information on data breaches and act on it concerning new security changes.
- Educate Users: Continued security consciousness training, regarding the effective protection of an individual’s password in combination with a password generator.
- Perform Penetration Testing: It is suggested to conduct penetration testing at least twice a year to find out if there are vulnerabilities in the systems and applications in the current use.
Conclusion:
The RockYou2024 leaked password database is a serious security risk; it contains almost 10 billion account credentials. This unprecedented leak further increases the exposure to credential stuffing, brute force and password cracking attacks. To deal with these threats, organizations need to have measures that include password hashing, multi-factor authentication, password strengthening and password audit. Patching, user awareness, bandit activities are imperative to prevent future invasions and strengthen the cyber security posture.
References :
- https://statanalytica.com/blog/rockyou-2024-txt-password/
- https://dig.watch/updates/rockyou2024-password-leak-exposes-nearly-10-billion-unique-passwords
- https://complexdiscovery.com/rockyou2024-leak-nearly-10-billion-passwords-exposed-heightening-cybersecurity-risks-for-businesses/

Introduction
There has been a recent surge of misinformation all over social media, claiming that every Indian ought to receive an allowance of ₹2,000 under some "Prime Minister's scheme." The message, which has been circulated far and wide on almost all platforms-WhatsApp, Facebook, Telegram, etc.-has urged users to click on an unfamiliar link to claim the allowance in their bank accounts.
It would seem like a very attractive offer, especially at a time when common citizens are coping with rising costs of living. But upon further examination, it turns out to be an outright online scam. NewsMobile fact-checked the claim and confirmed that no such scheme exists. Thus, the message circulating is a scam that aims to mislead common citizens.
Such an incident is not isolated. Over the years, fraudulent posts falsely offering benefits in the name of the government or well-known brands have been on the rise. These scams are not just about misinformation-they take advantage of trust, lure people into clicking, and sharing personal info that poses serious risks to financial and personal security.
Anatomy of the Viral PM Scheme Scam
The viral message received attention and was written in Hindi. It read:
“सभी नागरिकों को PM योजना के तहत दो हज़ार रुपए का भत्ता प्रदान किया गया है अपने bank खाते में प्राप्त करने के लिए click करें."
(English: “All citizens have been provided an allowance of ₹2000 under the PM scheme. Click to receive it in your bank account.”)
Beneath this was an odd link that, upon clicking through investigation, turned out to be not working and invalid. An examination of government sites, official handle accounts, and other such was done and no announcement for any such allowance was found.
This provides a neat explanation of a phishing attempt by which a scammer induces urgency and temptation in order to lure citizens into clicking a malicious link. While the link may no longer be active, it could very well have once redirected users to websites that harvest personal information such as Aadhaar numbers, bank details, or login credentials.
The Broader Problem: Fake Government Scheme Scams
Some scams have been exploiting the hoax gimmick of the ₹2,000 PM scheme into the wider trend. How do the con men work? They leverage the credibility of governmental initiatives to scam citizens. In the past, fake promises were made concerning free gas cylinders, cash allowances, subsidised rations, or even job opportunities.
During the COVID times, for instance, fake vaccination registration links and so-called relief scheme offers went viral, preying on the fears and vulnerabilities of ill-informed citizens. Likewise, false schemes associated with reputed companies such as Amazon, Flipkart, TATA Group, and Hermès have also gone viral, promising free gifts or allowances.
The one thing that makes scams associated with the government very dangerous is the exploitation of people's trust in authority. The common citizen is predisposed to believe the PM scheme or the Government Yojana because of the social credibility accorded to these announcements.
How These Scams Operate
These are scams where the creators intend deception and in the end, gain from defrauding a person. Fraudsters first create clickbait messages that are duly recorded to resemble official communications and often bear the government logos and bear a mix of Hindi-English text with the phrase "Pradhan Mantri Yojana" to make it sound legitimate. The messages then redirect users to bogus websites that really look very much like the government's portals, asking sick persons to enter personal information. Finally, as soon as they have obtained this data, the scammer uses it for identity theft, bank fraud, or sells it on the dark web. Social engineering does play a large role in these scams: here terms of urgency like limited time, last chance, and whatnot get created with the aim of pushing the targets to act on these without thinking. For maximum reach, victims are also asked to forward the message to their friends and family, causing the scammer to go viral across WhatsApp, Facebook, and Telegram.
Risks to Citizens
Risks are serious and manifold to falling prey to these scams. The immediate kind of risk is financial loss: divulging bank account details, an OTP, or credentials may constitute providing attackers the power to drain funds therefrom. Another prevalent kind of identity theft occurs through hijacked Aadhaar, PAN, or personal information that subsequently finds its way into fake loans or SIM activations. Apart from monetary losses, opening malicious links might also make devices infected with spyware or ransomware, thereby invading privacy and security. Victims tend to experience a form of psychological trauma due to feelings of betrayal or humiliation of being deceived, thus discouraging them from reporting, which in turn enables such scams to go undetected.
Best Practices for Prevention
It is prudent to exercise good cyber hygiene and be on the lookout for such scams. The citizens should verify each statement against government-authorised websites like https://www.mygov.in or through press statements of the ministries prior to believing it. One should not click on suspicious links offering money, gifts, or subsidies. Red flags like poor grammar, an unofficial domain name, or too-good-to-be-true offers can enable one to identify the scam in time. Two-factor authentication, antivirus software updates, and securing devices can drastically lower the threat from the technical angle. Equally important is the reporting of issues: always report any suspicious activities to cybercrime.gov.in or to the nearest cyber cell so that the authorities may trace some pattern and issue advisories accordingly. Finally, one can do some good by sharing verified fact checks within their circles to build added strength against misinformation and scams.
Policy and Community Role
While individual awareness is important, collective action must be taken against these fake government scheme scams. Platforms such as WhatsApp, Facebook, and X (Twitter) must tune up fraudsters' message detection mechanisms. In the meantime, Government Bodies must alert citizens periodically on new scams through their official handles/schemes and through community outreach.
Civil society and fact-checking agencies play an important role in dispelling frequently viral hoaxes. This work must be amplified to reach people's consciousness in regional languages for the very reason that in these terrain zones, forwarded messages are much more trusted.
Conclusion
The viral ₹2,000 PM scheme scam is a reminder that everything that is viral online cannot be trusted in toto. The scammers of the day are inventing newer scams to gain trust, spread misinformation, and extort innocent citizens.
The best defence will be awareness and alertness. Citizens must verify any claims through official channels before clicking on a link, sharing their data, or even acting upon it in any way. With proper cyber hygiene and avoiding suspicious messages, we can counterattack by reducing the percentage of impact that these scams may have and collaboratively build a secure digital environment.
As India pushes itself further into a digital ecosystem, both empowering and being resilient to cyber fraud is not a state of individual security, but a national agenda.
References
- https://www.newsmobile.in/nm-fact-checker/fact-check-viral-post-claiming-pm-scheme-offering-rs-2000-allowance-is-a-scam/
- https://timesofindia.indiatimes.com/business/financial-literacy/investing/beware-of-deepfake-scams-fraudsters-using-ai-videos-to-push-schemes-promising-unrealistic-returns-red-flags-to-watch-out-for/articleshow/124085155.cms
- https://www.business-standard.com/finance/personal-finance/invest-rs-21-000-to-earn-rs-20-lakh-monthly-viral-videos-of-fm-are-fake-125082000517_1.html
- https://www.pib.gov.in/PressReleasePage.aspx?PRID=2124728