From high-return investment scams to deepfake threats targeting women, cyber crimes are evolving at an alarming pace. In an exclusive conversation with Indian Masterminds, IPS officer Shikha Goel, Director General of the Telangana Cyber Security Bureau, decoded the latest digital dangers and offered actionable tips to safeguard money, privacy, and digital life.
Investment Scams on the Rise
Investment fraud is emerging as the biggest cybercrime in Telangana, accounting for over 20% of complaints and nearly 60% of financial losses. Scamsters lure victims via WhatsApp groups and fake apps with promises of unreal returns.
“They exploit greed,” Ms. Goel explained, recalling a chilling case where a victim lost Rs 11 crore after borrowing from family members. Her advice: “All legitimate investments happen only through recognised stock exchanges and demat accounts—never private links.”
The Golden Hour to Save Your Money
Time is everything in cyber fraud recovery. IPS Goel urged victims to act within the “golden hour” by reporting to the national helpline 1930 or cybercrime.gov.in, where banks and authorities can freeze transactions. Telangana’s proactive steps, including cyber crime lok adalats, have already helped return Rs 300 crore to victims in 2024–25.
Who Falls Victim? Not Just the Unaware
Surprisingly, 56% of victims are highly educated professionals—engineers, doctors, and professors—showing that anyone can be vulnerable. Many are tricked through “task frauds” offering small payments for liking videos or completing easy online tasks.
Women face specific threats, from stalking and harassment to deepfake abuse. Ms. Goel urged extra vigilance: “Be cautious with friend requests, check photo details, and avoid oversharing personal information.”
Digital Arrests & Other Emerging Threats
Busting myths around “digital arrests,” Ms. Goel clarified: “No law allows arrests over video calls. These are scams by impostors demanding money. Hang up immediately and insist on official procedures.”
Awareness: The First Line of Defence
Calling on startups and cybersecurity experts to innovate solutions, IPS Goel stressed that awareness is the strongest shield. Simple habits—verifying identities, protecting financial details, and staying skeptical—can prevent most cyber crimes.
“Cyber safety is no longer optional,” she concluded. “It is as essential as locking your home at night.”
