Don’t fall victim to online scams

As you invest your life savings in an internet trading platform, you must ensure that it is safe and reliable. Today, with the increasing number of online scams, it is crucial to be cautious of online frauds that keep happening every now and then. According to the National Crime Records Bureau (NCRB), there were 50,035 cases of cybercrime reported in 2020, an increase of 11.8 per cent from the year before. Lok Sabha was informed in December 2022 that over 16 lakh cybercrime incidences had been reported in the last three years. Moreover, over 32,000 FIRs have been filed since 2020. That is why protecting your trading investments is crucial to ensuring financial stability and avoiding being a scam victim.