Indians most susceptible to online frauds & also to condone it
Among Asians, Indians are more susceptible to online frauds but are willing to accept them occasionally if assured of non-recurrence by companies, reports PTI. India stands among the top four countries in the Asia-Pacific region with highest digital adoption, digital banking account sign-ups and utilisation, says an Experian survey on financial frauds conducted amongst 10 countries in the region.
"But India remains the only country in the top four with high fraud incidents," the report said, adding this indicates a possible gap between perception and truth. The report is based on analysis of fraud trends across financial services (including insurance), retail and telecoms spanning these 10 countries.