DMs, a quick buck: GenZ falling prey to cyber scams

A rising trend in cyber scams is particularly affecting India's GenZ population, as fraudsters employ increasingly sophisticated strategies to lure young individuals into financial traps. These scams often promise quick financial gains, exploiting the eagerness of younger generations for easy money. Reports indicate that these scams have evolved to become multi-layered, utilizing social media platforms and digital communication tools to reach potential victims. With many young people unaware of the warning signs, the risks associated with online transactions have intensified. Cybersecurity experts stress the importance of awareness and education to combat these scams effectively. As digital natives, GenZ is urged to exercise caution and verify offers before engaging in any financial dealings online. The government and various organizations are also stepping up efforts to raise awareness about cybersecurity threats, aiming to protect this vulnerable demographic from falling prey to deceitful schemes.