“Following demonetisation, many people were forced to take to online payments to meet their daily needs. Mobile wallets like Paytm have witnessed a spike in their user base. Post-demonetisation of the Rs 500 and Rs 1,000 notes, a majority of banks, mobile applications and e-wallets have been targetted by scamsters,” said Pavan Duggal, a supreme court advocate and an expert in cyber law.
Cyber crime cops said that after December 12, cyber fraud cases have witnessed a steady increase. “Now we are getting at least four cases of credit or debit card theft every week. Apart from these cases, we are also getting One-Time Password (OTP) frauds as well,” said Raghuveer, ACP,