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65% Indian Businesses Witness Rise in Online Fraud: Report

The study showed 65 per cent of the Indian consumers expect full transparency from businesses about use of their personal data

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Over the past one year, 65 per cent of Indian businesses have experienced increase in online fraud-related losses, including account takeover attacks and fraudulent account openings, says a report.

In India, 87 per cent of businesses expressed heightened concern about the potentially damaging impact of fraud, said the study by data analytics comapny Experian.

With insights from almost 6,000 Asia Pacific consumers, including India, the report found that the majority (71 per cent) value security as the most important element of an online experience, followed by convenience (15 per cent) and personalisation (14 per cent).

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Most fraudulent companies do not offer revisions, and when they do, they try to rip you offer again by asking you to pay for further editing. Pixabay

“While companies continue to innovate on new solutions that enhance the customer experience, there needs to be a focus on reducing the customer’s risk exposure by securing the data and information they currently access,” said Sathya Kalyanasundaram, Country Managing Director, Experian India.

The study showed 65 per cent of the Indian consumers expect full transparency from businesses about use of their personal data.

The report titled “2019 Experian Identity and Fraud Report: Asia-Pacific Edition” highlighted that trusted online relationships are based on businesses providing both a secure environment and seamless consumer experiences. (IANS)

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Here’s how Cyberbullying Leads to Depression Among Youngsters

Online bullying more horrifying, leads to depression in youths

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Cyberbullying amplifyies symptoms of depression and post-traumatic stress disorder in young people. Pixabay

As researchers have found that cyberbullying amplifyies symptoms of depression and post-traumatic stress disorder in young people, health experts here also stressed that in some cases it can be far more horrifying than physical bullying.

According to the experts, cyberbullying is when a child, teen or youngster becomes a target of actions by others — using computers, cellphones or other devices — that are intended to embarrass, humiliate, torment, threaten or harass.

It can start as early as age eight or nine, but the majority of cyberbullying cases take place in the teenage years, up to age 17.

The new study, published in the Journal of Clinical Psychiatry, addressed both the prevalence and factors related to cyberbullying in adolescent inpatients.

Online bullying depression
From setting beauty standards and norms to trolling every act has a significant effect on the psyche of internet users, especially on youth and children, it leads to stress and depression. Pixabay

“Even against a backdrop of emotional challenges in the kids we studied, we noted cyberbullying had an adverse impact. It’s real and should be assessed,” said study co-author Philip D. Harvey, Professor at University of Miami in the US.

According to the researchers, children with a history of being abused were found to be more likely to be cyberbullied.

The study of 50 adolescent psychiatric inpatients aged 13 to 17 examined the prevalence of cyberbullying and related it to social media usage, current levels of symptoms and histories of adverse early life experience.

Conducted from September 2016 to April 2017, the research team asked participants to complete two childhood trauma questionnaires and a cyberbullying questionnaire.

Twenty per cent of participants reported that they had been cyberbullied within the last two months before their admission.

According to the researchers, half of the participants were bullied by text messages and half on Facebook.

Transmitted pictures or videos, Instagram, instant messages and chat rooms were other cyberbullying vehicles, the study said.

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Children with a history of being abused suffer from depression. Pixabay

Those who were bullied had significantly higher severity of post-traumatic stress disorder (PTSD), depression, anger, and fantasy dissociation than those who were not bullied.

According to findings, participants who reported being cyberbullied also reported significantly higher levels of lifetime emotional abuse on the study’s Childhood Trauma Questionnaire than those who were not bullied.

The internet not only covers the huge part of our lives nowadays, rather it actually dominates today’s generations’ lives, according to the expert.

“From setting beauty standards and norms to trolling every act has a significant effect on the psyche of internet users, especially on youth and children, it leads to stress and depression as well,” Mrinmay Kumar Das, Senior Consultant, Department of Behavioural Sciences, Jaypee Hospital in Noida, told IANS.

Also Read- Full Vaccination of Children Reduces the Risk of Hospitalisation: Study

To reduce the risk of falling in this trap, Das suggested: “Keep an eye on the people you interact with online, keep your personal information or private details safe. Also keep in mind that your children who apparently act normal may also be dealing with cyber bullying.”

“Hence keep communicating with your children, rather than scolding them and forcefully limiting their internet use, support them to come out of this depressing phase, encourage them to indulge in other activities like games, music, etc,” Das added. (IANS)