Scammers are also active now that the country is 5G-ready, as telecom providers have pinpointed several Indian cities for the initial rollout. Scammers in India will pretend to help you upgrade your 4G SIM card to 5G by posing as a customer service representative from a reputable telecom company.
Since the nation is now 5G ready and telecom companies have chosen several Indian locations for the initial launch, scammers are also active in the market with their nefarious objectives. These con artists pretend to be customer service representatives from reputable Indian telecom firms to access your data while assisting you in switching from a 4G SIM to a 5G one.
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Phishers are after sensitive information, such as login credentials for online banking accounts and one-time PINs (OTPs), and are resorting to social engineering techniques to gain access to this data. The Mumbai Police Department warned the public not to fall for these scammers in a tweet they sent out a few days ago.
Risk Alert!
— मुंबई पोलीस – Mumbai Police (@MumbaiPolice) October 12, 2022
Upgradation in tech brings about a new wave of scammers waiting to pounce. The most recent one is fraudsters offering to guide you to convert to 5G.
Do not share your personal/banking information or click on any unknown links.#Scam2022 #5GScam #CyberSafe pic.twitter.com/9S0XphLM9Q
“Caution! Potential Danger When a new piece of technology is released, con artists, flood the market. The newest scam involves crooks pretending to help you upgrade to 5G. Stay away from suspicious websites and never enter your personal or financial information “said the Mumbai police force on Twitter.
Fewer than 5 per cent of mobile consumers questioned are prepared to upgrade to 5G in 2022, according to a recent IANS article citing the online community platform LocalCircles.
Although many more people will join the smartphone revolution if the transition to 5G solves problems like call drop/connect connectivity, and low speed, 43% of them have already stated they are prepared to pay up to 10% more in tariff. Speeds of 300 Mbps or higher are predicted for 5G services, the survey said, compared to a 4G maximum speed of 40-50 Mbps based on location and connectivity in India.
Twenty per cent of respondents get a 5G device, and another four per cent are expected to buy one this year. A further 20% stated they plan to buy a 5G gadget by 2023.
Approximately 100 million of India’s and over 500 million mobile phone users are predicted to receive a 5G-ready gadget by the end of the year.
