UPI Fraud Alert: Surge in Fake Payment Requests Across India
Users across India are experiencing a surge in fake UPI payment requests, where attackers use social engineering to trick them into approving fraudulent transactions. Authorities and experts advise verifying requests, avoiding sharing sensitive information, enabling app notifications, setting transaction limits, and promptly reporting suspicious activity to banks.
In a recent wave of cyber fraud incidents, multiple users across India have reported receiving fake UPI payment requests disguised as legitimate transactions. Cybersecurity experts have identified that attackers are using social engineering techniques to trick users into approving collect requests on UPI apps. Authorities have issued a cyber advisory urging users to verify payment requests before approving them and avoid sharing sensitive information. Experts recommend enabling app notifications, setting transaction limits, and reporting suspicious activity immediately to the bank.