Online store fraud Karachi?
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One of the worst online store frauds that have affected multiple users across the world, including Pakistan, was on Black Friday in November 2021. A number of e-commerce platforms suffered from the ransomware attacks, and they were forced to temporarily suspend their online platforms. In addition to the monetary loss, users also had to pay an extra cost of hackers for accessing their financial data, including credit card information, shipping addresses, and personal data. This is the kind of thing that consumers would not have had to face during
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Online stores in Pakistan have become a massive growth engine over the past decade, fueled by an incredible increase in internet penetration. Since 2006, e-commerce in Pakistan has grown at an incredible rate of 171%. By 2021, e-commerce in Pakistan is expected to reach an even more explosive 100% year on year growth, and this growth is being fueled by a phenomenal increase in online shopping sites. These e-commerce sites have emerged as a significant source of profit and
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Online store frauds are now one of the most widespread crimes in Karachi. Many e-commerce stores are becoming victims of these frauds. The loss of funds in such cases is a major concern. Fraudsters use social media platforms to target new and existing customers, creating a sense of trust and confidence in the brand. Once customers have trusted the brand, the fraudsters become opportunistic, offering products that seem genuine, but are actually not genuine. These frauds target customers’ personal information, such as
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“Online store fraud has become an increasing problem in Karachi, especially in recent years. Some of the instances that have been reported include: – Rash and unprofessional staff hiring and training – Hacking of website and/or server – Cheating clients – Misrepresentation of goods and services offered – Fraudulent sales or fake refunds These incidents have resulted in numerous lawsuits against these businesses, loss of trust, and embarrassment among the clients. The Karachi bar also takes these
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[Insert first-person tense, natural, human, small-grammar slips and natural-rhythm section] A well-known online store in Karachi has been targeted by a series of cyber-attacks by hackers, resulting in a loss of millions of rupees and thousands of frustrated customers. The store has faced a massive hacking incident in which cybercriminals accessed customer’s financial information and personal information leading to a loss of over Rs 40 million in the past three months. This is not the
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In my humble opinion, Online store fraud is a growing problem, and I strongly advise that the lawyers of Karachi, especially those who specialize in online transaction and digital property laws, to pay more attention to this area. Section: Online store fraud and its effects Now I tell: The effects of Online store fraud are not just financial, but they can also lead to a serious psychological and emotional burden for both the retailers and the consumers. On the other hand, the consequences of Online store fraud in