China has released its list of top five sources of online fraud in 2022

• Brushing, false investment and money management are top online fraud types in China.
• The list was released by China’s Ministry of Public Security.
• India witnessed a steady spike in cyber crimes since 2018.

We truly want to believe that the internet is a safe place but we all know that humans can become an easy target and there is little we can do about it. Online fraud involves the use of online services and software to take advantage of victims. It covers different types of cybercrime activity such as identity theft, phishing, and different hacking activities.

Recently, the Ministry of Public Security from China as released a list of the top five sources of online fraud. They are as follows-

1. Brushing
2. False Investment
3. Money Management
4. Dodgy loan scheme
5. Impersonation of customer service

‘Brushing’, a type of e-commerce scam has topped the list. It lures the victim to make payments for goods or any shipment that was never delivered or only delivered when buyers perform certain online tasks like creating an e-commerce profile or downloading dodgy apps. Buyers may be also asked to pay more for goods.

Using the ‘Brushing’ technique e-commerce vendors send small items which victims never ordered. Vendors also use this technique to write positive product reviews to increase visibility on e-commerce platforms.

The list is followed by false investment and money management. Scammers use false investments, promising high rates of return with little risk. This…