Hyderabad, Dec. 4 -- A sharp rise in cyber fraud incidents in Hyderabad has been reported with criminals using malicious APK files and posing as fake bank representatives to steal money.

Multiple victims across the city have lost significant sums in a series of sophisticated scams.

Cybercrimes

In Shakker Gunj, a 58-year-old man lost Rs 1,72,899 after a caller pretending to be an SBI Credit Card officer sent him an APK file for a "charge waiver," leading to fraudulent debits from his card.

A 45-year-old resident of Patel Nagar faced a loss of Rs 2,95,096 after a call from someone claiming to be from the IDFC Credit Card Department. He entered his details into a link sent via WhatsApp which allowed his calls to be forwarded and OTPs to ...