New Delhi, Sept. 9 -- Sharing credit card details such as OTPs, CVVs, or images over the phone continues to be a risky practice. Such a practice must be discouraged among all credit card users. Proper financial awareness and literacy are indispensable nowadays, given the rapid technological advancement of credit exchange and growing transactions.

Recent data underlines and acknowledges the urgency of focusing on scams and digital theft, which continue to surge rapidly alongside the nation's economic growth and digital transformation.

The Ministry of Home Affairs recently reported a stunning Rs.22,845 crore lost to cybercriminals in 2024, a 206% increase from Rs.7,465 crore in 2023. It showcases a worrying trend of compounding losses due...