A $9.99 Scam Put a Billion People At Risk in India’s Hyper-Digital Economy

Bloomberg TechnologyFriday, December 5, 2025 at 5:01:10 AM
NegativeTechnology
A $9.99 Scam Put a Billion People At Risk in India’s Hyper-Digital Economy
  • India's digital economy, while rapidly advancing, has become a breeding ground for scams, putting a billion people at risk. A recent investigation by Businessweek highlights the alarming rise of fraudulent schemes, including a $9.99 scam that exploits the vulnerabilities in the hyper-digital landscape.
  • This situation underscores the urgent need for robust cybersecurity measures as the government grapples with public safety and privacy concerns. The recent decision to scrap the mandatory installation of a state-run cybersecurity app reflects the tension between security initiatives and individual privacy rights.
  • The backlash against the cybersecurity app initiative illustrates a broader debate in India regarding digital privacy and security. As the government attempts to combat rising cybercrime, the challenge lies in balancing effective measures with public trust, especially in a nation where digital penetration is rapidly increasing.
— via World Pulse Now AI Editorial System

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