Most Internet Scam Victims Are Young People: Report
Daniyal Sohail Published February 15, 2018 | 03:10 PM
China's younger generation may be more Internet savvy than the old people, but they still account for most of the victims of Internet scams, according to an anti-fraud website operated by China's software security firm Qihoo 360, Xinhua said in a report here on Thursday
TIANJIN,(UrduPoint / Pakistan Point News - 15th Feb, 2018 ) :China's younger generation may be more internet savvy than the old people, but they still account for most of the victims of Internet scams, according to an anti-fraud website operated by China's software security firm Qihoo 360, Xinhua said in a report here on Thursday.
More than 70 percent of 24,260 Internet fraud reports received by the website, operated jointly with the Beijing Public Security Bureau, involved victims born in the 90s and 80s, according to the website's 2017 report on telecom fraud in China.
The website 110.360.cn is open for the reporting of Internet scams and does not have a financial minimum for fraud cases.
Even a loss of 1 Yuan (0.16 US Dollar) can be registered for complaint.
The report shows that total Internet fraud cases in 2017 involved 350 million yuan, up 17.6-percent year on year. "People born in the 90s and 80s are the main Internet users, they are also the main victims of Internet fraud," said Liu Yang, an anti-fraud expert with the website.
He said 65.6 percent of victims fell into fraud traps in the process of bank transfers, third party payments and QR code scanning. He also warned that those born this century had become a target for Internet fraud, accounting for 8.4 percent of the victims in 2017, from three percent a year ago.
Recent Stories
HEC reviews curricula for environmental sciences degree programme
ICC Asia looking forward to an action-packed Asia Cricket Week
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
Greece hands Olympic flame to 2024 Paris Games hosts
Two Kyiv hospitals evacuating over feared Russian strikes
World must act on neurotech revolution, say experts
Charles & Catherine's cancer diagnoses
Champions Alcaraz and Sabalenka through in Madrid Open
King Charles to resume some public duties during cancer treatment: palace
US defense chief announces $6 bn in security aid for Ukraine
Heavy rains cause damage to Spezand-Taftan railway track
Woman stabbed in Israel, attacker killed: police
More Stories From Technology
-
PITB HR Wing organizes Eid Milan celebration for children at PITB Day Care Center located in ASTP
12 hours ago -
SONY x TECNO - is this for real?
12 hours ago -
Punjab CM inaugurates Pakistan’s first Virtual Women Police Station
3 days ago -
Pro Tips: How to Capture Stunning Portraits with the Aura Light Portrait of vivo V30 5G
5 days ago -
Itel celebrates launch of S24—a new brand identity
5 days ago -
Realme C53 Price Slash: High-Tech Meets High Style at New Low Price!
7 days ago
-
Take Charge, Live Free: Empower Your Life with Infinix NOTE 40 Series
9 days ago -
PTA Undertakes Consultation with All Pakistan Network Association (APNA) on Proposed Class Value Add ..
9 days ago -
Vivo V30 5G: The Perfect Blend of Enhanced Photography and Premium Design
10 days ago -
PITB's Regional Plan 9 invites applications for its newly launched incubation centers in Rawalpindi, ..
11 days ago -
Pakistan calls for enhanced information integrity on digital platforms
11 days ago -
Infinix NOTE 40 Series vs. the Competition: Why It Stands Out
12 days ago