Cybercrime

Fintech Deep Dive — Saturday | August 22, 2026 Theme: Consumer Rights — Complaints, Fraud, Safeguards This week laid bare a widening gap between India’s ambition for frictionless digital finance and the consumer protection infrastructure struggling to keep pace. SMS-based scams surged 146%, the government ordered Google to dismantle a sprawling Firebase-based bank impersonation network, the I4C launched an online fund restoration module, and four Vijayawada residents had their bank accounts drained in a single afternoon — each by a different fraud vector. The common thread: consumers remain the last line of defence in a system that is, by design, faster than the safeguards around it. ...