Cyber fraud complaints from Indian Exporters – Trade Advisory.
Ministry of External Affairs has informed that email spoofing/phishing cyber frauds are causing increased bilateral trade disputes. Though this is registered as a cybercrime in the respective jurisdictions of the country, the authorities cannot do much to reverse the transaction. The victims end up being Indian exporters who having supplied the goods. They neither have the goods in their possession nor have received the payment.
In order to be cautions, govt has issued the above trade notice which is attached herewith.
