#FactCheck: Beware of Fake Emails Distributing Fraudulent e-PAN Cards
Executive Summary:
We have identified a post addressing a scam email that falsely claims to offer a download link for an e-PAN Card. This deceptive email is designed to mislead recipients into disclosing sensitive financial information by impersonating official communication from Income Tax Department authorities. Our report aims to raise awareness about this fraudulent scheme and emphasize the importance of safeguarding personal data against such cyber threats.
Claim:
Scammers are sending fake emails, asking people to download their e-PAN cards. These emails pretend to be from government authorities like the Income Tax Department and contain harmful links that can steal personal information or infect devices with malware.
Fact Check:
Through our research, we have found that scammers are sending fake emails, posing as the Income Tax Department, to trick users into downloading e-PAN cards from unofficial links. These emails contain malicious links that can lead to phishing attacks or malware infections. Genuine e-PAN services are only available through official platforms such as the Income Tax Department's website (www.incometaxindia.gov.in) and the NSDL/UTIITSL portals. Despite repeated warnings, many individuals still fall victim to such scams. To combat this, the Income Tax Department has a dedicated page for reporting phishing attempts: Report Phishing - Income Tax India. It is crucial for users to stay cautious, verify email authenticity, and avoid clicking on suspicious links to protect their personal information.
Conclusion:
The emails currently in circulation claiming to provide e-PAN card downloads are fraudulent and should not be trusted. These deceptive messages often impersonate government authorities and contain malicious links that can result in identity theft or financial fraud. Clicking on such links may compromise sensitive personal information, putting individuals at serious risk. To ensure security, users are strongly advised to verify any such communication directly through official government websites and avoid engaging with unverified sources. Additionally, any phishing attempts should be reported to the Income Tax Department and also to the National Cyber Crime Reporting Portal to help prevent the spread of such scams. Staying vigilant and exercising caution when handling unsolicited emails is crucial in safeguarding personal and financial data.
- Claim: Fake emails claim to offer e-PAN card downloads.
- Claimed On: Social Media
- Fact Check: False and Misleading
Related Blogs
A report by MarketsandMarkets in 2024 showed that the global AI market size is estimated to grow from USD 214.6 billion in 2024 to USD 1,339.1 billion in 2030, at a CAGR of 35.7%. AI has become an enabler of productivity and innovation. A Forbes Advisor survey conducted in 2023 reported that 56% of businesses use AI to optimise their operations and drive efficiency. Further, 51% use AI for cybersecurity and fraud management, 47% employ AI-powered digital assistants to enhance productivity and 46% use AI to manage customer relationships.
AI has revolutionised business functions. According to a Forbes survey, 40% of businesses rely on AI for inventory management, 35% harness AI for content production and optimisation and 33% deploy AI-driven product recommendation systems for enhanced customer engagement. This blog addresses the opportunities and challenges posed by integrating AI into operational efficiency.
Artificial Intelligence and its resultant Operational Efficiency
AI has exemplary optimisation or efficiency capabilities and is widely used to do repetitive tasks. These tasks include payroll processing, data entry, inventory management, patient registration, invoicing, claims processing, and others. AI use has been incorporated into such tasks as it can uncover complex patterns using NLP, machine learning, and deep learning beyond human capabilities. It has also shown promise in improving the decision-making process for businesses in time-critical, high-pressure situations.
AI-driven efficiency is visible in industries such as the manufacturing industry for predictive maintenance, in the healthcare industry for streamlining diagnostics and in logistics for route optimisation. Some of the most common real-world examples of AI increasing operational efficiency are self-driving cars (Tesla), facial recognition (Apple Face ID), language translation (Google Translate), and medical diagnosis (IBM Watson Health)
Harnessing AI has advantages as it helps optimise the supply chain, extend product life cycles, and ultimately conserve resources and cut operational costs.
Policy Implications for AI Deployment
Some of the policy implications for development for AI deployment are as follows:
- Develop clear and adaptable regulatory frameworks for the ongoing and future developments in AI. The frameworks need to ensure that innovation is not hindered while managing the potential risks.
- As AI systems rely on high-quality data that is accessible and interoperable to function effectively and without proper data governance, these systems may produce results that are biased, inaccurate and unreliable. Therefore, it is necessary to ensure data privacy as it is essential to maintain trust and prevent harm to individuals and organisations.
- Policy developers need to focus on creating policies that upskill the workforce which complements AI development and therefore job displacement.
- To ensure cross-border applicability and efficiency of standardising AI policies, the policy-makers need to ensure that international cooperation is achieved when developing the policies.
Addressing Challenges and Risks
Some of the main challenges that emerge with the development of AI are algorithmic bias, cybersecurity threats and the dependence on exclusive AI solutions or where the company retains exclusive control over the source codes. Some policy approaches that can be taken to mitigate these challenges are:
- Having a robust accountability mechanism.
- Establishing identity and access management policies that have technical controls like authentication and authorisation mechanisms.
- Ensure that the learning data that AI systems use follows ethical considerations such as data privacy, fairness in decision-making, transparency, and the interpretability of AI models.
Conclusion
AI can contribute and provide opportunities to drive operational efficiency in businesses. It can be an optimiser for productivity and costs and foster innovation for different industries. But this power of AI comes with its own considerations and therefore, it must be balanced with proactive policies that address the challenges that emerge such as the need for data governance, algorithmic bias and risks associated with cybersecurity. A solution to overcome these challenges is establishing an adaptable regulatory framework, fostering workforce upskilling and promoting international collaborations. As businesses integrate AI into core functions, it becomes necessary to leverage its potential while safeguarding fairness, transparency, and trust. AI is not just an efficiency tool, it has become a stimulant for organisations operating in a rapidly evolving digital world.
References
- https://indianexpress.com/article/technology/artificial-intelligence/ai-indian-businesses-long-term-gain-operational-efficiency-9717072/
- https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-market-74851580.html
- https://www.forbes.com/councils/forbestechcouncil/2024/08/06/smart-automation-ais-impact-on-operational-efficiency/
- https://www.processexcellencenetwork.com/ai/articles/ai-operational-excellence
- https://www.leewayhertz.com/ai-for-operational-efficiency/
- https://www.forbes.com/councils/forbestechcouncil/2024/11/04/bringing-ai-to-the-enterprise-challenges-and-considerations/
Executive Summary:
The video that allegedly showed cars running into an Indian flag while Pakistan flags flying in the air in Indian states, went viral on social media but it has been established to be misleading. The video posted is neither from Kerala nor Tamil Nadu as claimed, instead from Karachi, Pakistan. There are specific details like the shop's name, Pakistani flags, car’s number plate, geolocation analyses that locate where the video comes from. The false information underscores the importance of verifying information before sharing it.
Claims:
A video circulating on social media shows cars trampling the Indian Tricolour painted on a road, as Pakistani flags are raised in pride, with the incident allegedly taking place in Tamil Nadu or Kerala.
Fact Check:
Upon receiving the post we closely watched the video, and found several signs that indicated the video was from Pakistan but not from any place in India.
We divided the video into keyframes and found a shop name near the road.
We enhanced the image quality to see the shop name clearly.
We can see that it’s written as ‘Sanam’, also we can see Pakistan flags waving on the road. Taking a cue from this we did some keyword searches with the shop name. We found some shops with the name and one of the shop's name ‘Sanam Boutique’ located in Karachi, Pakistan, was found to be similar when analyzed using geospatial Techniques.
We also found a similar structure of the building while geolocating the place with the viral video.
Additional confirmation of the place is the car’s number plate found in the keyframes of the video.
We found a website that shows the details of the number Plate in Karachi, Pakistan.
Upon thorough investigation, it was found that the location in the viral video is from Karachi, Pakistan, but not from Kerala or Tamil Nadu as claimed by different users in Social Media. Hence, the claim made is false and misleading.
Conclusion:
The video circulating on social media, claiming to show cars trampling the Indian Tricolour on a road while Pakistani flags are waved, does not depict an incident in Kerala or Tamil Nadu as claimed. By fact-checking methodologies, it has been confirmed now that the location in the video is actually from Karachi, Pakistan. The misrepresentation shows the importance of verifying the source of any information before sharing it on social media to prevent the spread of false narratives.
- Claim: A video shows cars trampling the Indian Tricolour painted on a road, as Pakistani flags are raised in pride, taking place in Tamil Nadu or Kerala.
- Claimed on: X (Formerly known as Twitter)
- Fact Check: Fake & Misleading
Introduction
Romance scams have been rised in India. A staggering 66 percent of individuals in India have been ensnared by the siren songs of deceitful online dating schemes. These are not the attempts of yesteryears but rather a new breed of scams, seamlessly weaving the threads of traditional deceit with the sinew of cutting-edge technologies such as generative AI and deep fakes. A report by Tenable highlights the rise of romance scams in India, which now combine traditional tactics with advanced technologies like generative AI and deepfakes. Over 69% of Indians struggle to distinguish between artificial and authentic human voices. Scammers are using celebrity impersonations and platforms like Facebook to lure victims into a false sense of security.
The Romance Scam
A report by Tenable, the exposure management company, illuminates the disturbing evolution of these romance scams. It reveals a reality: AI-generated deep lakes have attained a level of sophistication where an astonishing 69 percent of Indians confess to struggling to discern between artificial and authentic human voices. This technological prowess has armed scammers with the tools to craft increasingly convincing personas, enabling them to perpetrate their nefarious acts with alarming success.
In 2023 alone, 43 percent of Indians reported falling victim to AI voice scams, with a staggering 83 percent of those targeted suffering financial loss. The scammers, like puppeteers, manipulate their digital marionettes with a deftness that is both awe-inspiring and horrifying. They have mastered the art of impersonating celebrities and fabricating personas that resonate with their targets, particularly preying on older demographics who may be more susceptible to their charms.
Social media platforms, which were once heralded as the town squares of the 21st century, have unwittingly become fertile grounds for these fraudulent activities. They lure victims into a false sense of security before the scammers orchestrate their deceitful symphonies. Chris Boyd, a staff research engineer at Tenable, issues a stern warning against the lure of private conversations, where the protective layers of security are peeled away, leaving individuals exposed to the machinations of these digital charlatans.
The Vulnerability of Individuals
The report highlights the vulnerability of certain individuals, especially those who are older, widowed, or experiencing memory loss. These individuals are systematically targeted by heartless criminals who exploit their longing for connection and companionship. The importance of scrutinising requests for money from newfound connections is underscored, as is the need for meticulous examination of photographs and videos for any signs of manipulation or deceit.
'Increasing awareness and maintaining vigilance are our strongest weapons against these heartless manipulations, 'safeguarding love seekers from the treacherous web of AI-enhanced deception.'
The landscape of love has been irrevocably altered by the prevalence of smartphones and the deep proliferation of mobile internet. Finding love has morphed into a digital odyssey, with more and more Indians turning to dating apps like Tinder, Bumble, and Hinge. Yet, as with all technological advancements, there lurks a shadowy underbelly. The rapid adoption of dating sites has provided potential scammers with a veritable goldmine of opportunity.
It is not uncommon these days to hear tales of individuals who have lost their life savings to a person they met on a dating site or who have been honey-trapped and extorted by scammers on such platforms. A new study, titled 'Modern Love' and published by McAfee ahead of Valentine's Day 2024, reveals that such scams are rampant in India, with 39 percent of users reporting that their conversations with a potential love interest online turned out to be with a scammer.
The study also found that 77 percent of Indians have encountered fake profiles and photos that appear AI-generated on dating websites or apps or on social media, while 26 percent later discovered that they were engaging with AI-generated bots rather than real people. 'The possibilities of AI are endless, and unfortunately, so are the perils,' says Steve Grobman, McAfee’s Chief Technology Officer.
Steps to Safeguard
Scammers have not limited their hunting grounds to dating sites alone. A staggering 91 percent of Indians surveyed for the study reported that they, or someone they know, have been contacted by a stranger through social media or text message and began to 'chat' with them regularly. Cybercriminals exploit the vulnerability of those seeking love, engaging in long and sophisticated attempts to defraud their victims.
McAfee offers some steps to protect oneself from online romance and AI scams:
- Scrutinise any direct messages you receive from a love interest via a dating app or social media.
- Be on the lookout for consistent, AI-generated messages which often lack substance or feel generic.
- Avoid clicking on any links in messages from someone you have not met in person.
- Perform a reverse image search of any profile pictures used by the person.
- Refrain from sending money or gifts to someone you haven’t met in person, even if they send you money first.
- Discuss your new love interest with your trusted friend. It can be easy to overlook red flags when you are hopeful and excited.
Conclusion
The path is fraught with illusions, and only by arming oneself with knowledge and scepticism can one hope to find true connection without falling prey to the mirage of deceit. As we navigate this treacherous terrain, let us remember that the most profound connections are often those that withstand the test of time and the scrutiny of truth.
References
- https://www.businesstoday.in/technology/news/story/valentine-day-alert-deepfakes-genai-amplifying-romance-scams-in-india-warn-researchers-417245-2024-02-13
- https://www.indiatimes.com/amp/news/india/valentines-day-around-40-per-cent-indians-have-been-scammed-while-looking-for-love-online-627324.html
- https://zeenews.india.com/technology/valentine-day-deepfakes-in-romance-scams-generative-ai-in-scams-romance-scams-in-india-online-dating-scams-in-india-ai-voice-scams-in-india-cyber-security-in-india-2720589.html
- https://www.mcafee.com/en-us/consumer-corporate/newsroom/press-releases/2023/20230209.html
