
A recent report by the Ministry of Home Affairs (MHA) has identified a rise in cyber fraud known as the 'pig butchering scam.' This type of scam primarily targets unemployed youths, housewives, and students, exploiting their vulnerabilities. The MHA's findings highlight the urgent need for awareness and preventive measures against such fraudulent activities, which are increasingly prevalent on social media platforms. The term 'pig butchering' refers to a deceptive scheme where scammers build trust with victims before defrauding them of their money.
‘Pig Butchering’ Scams On The Rise On #SocialMedia: What Is It And How It Works #TNCards #OnlineScam https://t.co/US3zGnc0Df https://t.co/XVPVlyP3xH
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Cyber fraud called 'pig butchering scam' targeting unemployed youths: Centre https://t.co/QDnicS0tfv