Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Google Issues Stark Warning: Cybercrime Losses to Hit $13.8 Trillion by 2028
Abstract：Cybercrime is a new-age problem in the digital world. As we move further into the internet era, new internet-related challenges are emerging—cybercrime being one of the most serious among them.
Cybercrime is a new-age problem in the digital world. As we move further into the internet era, new internet-related challenges are emerging—cybercrime being one of the most serious among them.
What is Cybercrime?
Cybercrime is any crime that happens using AI , Computers or the Internet. It includes things like:
• Online scams to steal money.
• Hacking into someones account.
• Stealing personal information online.
• Spreading viruses or harmful software.
On Tuesday, during the 'Safer with Google India Summit,' Google introduced its Safety Charter aimed at supporting Indias AI-driven transformation. Google said, Amid a surge in cyber threats and online criminal activity, global entities could face losses of up to $13.82 trillion by 2028.
The Google Safety Charter estimates that Indian organizations could face cybercrime-related losses of up to ₹20,000 crore in 2025.
Preeti Lobana, Vice President and Country Manager, Google India, said “At Google, safety isn't an afterthought—it's embedded in our design principles, engineering processes, and company culture. Our AI systems constantly evolve to detect new threats and scams, even recognising malicious patterns in attacks that have never been seen before,”
In India, reports indicate a sharp rise in cyber fraud, with scammers increasingly using advanced tactics such as AI-generated content, deepfake videos, and voice cloning to carry out highly convincing scams.
According to Google Data
According to Googles Safety Charter, UPI-related frauds cost Indians over ₹1,087 crore in 2024. That same year, Google removed more than 247 million ads and suspended 2.9 million accounts for breaking its ad rules.
Using AI to detect threats and working with other industries, Google made a big difference—Google Pay alone helped stop ₹13,000 crore worth of financial fraud in 2024.
To keep users safe online, Google Messages now blocks over 500 million scam texts every month and has used on-device AI to warn users about more than 2.5 billion suspicious links.
Stay Informed with the Latest Forex Broker News
If you're interested in reading more informative articles about forex brokers, we recommend downloading the WikiFX App. Stay updated with the latest developments in the forex market—including scam alerts, regulatory warnings, new broker features, and in-depth broker exposés. You can access all this valuable information directly through the WikiFX App or by visiting the News section on the WikiFX website.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Garanti BBVA Securities Exposed: Traders Report Unfair Charges & Poor Customer Service
Have you been financially ruined through chargebacks allowed by Garanti BBVA Securities? Do you have to wait for hours to get your queries resolved by the broker’s customer support official? Did the same scenario prevail when you contact the officials in-person? Failed to close your account as Garanti BBVA Securities officials remained unresponsive to your calls? Many have expressed similar concerns while sharing the Garanti BBVA Securities review online. In this article, we have shared some complaints against the broker. Take a look!
Original 12h
In-Depth Review of Stonefort Securities Withdrawals and Funding Methods – What Traders Should Really
For any experienced forex and CFD trader, the mechanics of moving capital are as critical as the trading strategy itself. The efficiency, security, and transparency of a broker's funding procedures form the bedrock of a trustworthy, long-term trading relationship. A broker can offer the tightest spreads and the most advanced platform, but if depositing funds is cumbersome or withdrawing profits is a battle, all other advantages become moot. This review provides a data-driven examination of Stonefort Securities withdrawals and funding methods. We will dissect the available information on payment options, processing times, associated costs, and the real-world user experience. Our analysis is anchored primarily in data from the global broker regulatory inquiry platform, WikiFX, supplemented by a critical look at publicly available information to provide a comprehensive and unbiased perspective for traders evaluating this broker.
Original 13h
MH Markets Deposits and Withdrawals Overview: A Data-Driven Analysis for Traders
For any experienced trader, the integrity of a broker is not just measured by its spreads or platform stability, but by the efficiency and reliability of its financial plumbing. The ability to deposit and, more importantly, withdraw capital without friction is a cornerstone of trust. This review provides an in-depth, data-driven analysis of the MH Markets deposits and withdrawals overview, examining the entire fund management lifecycle—from funding methods and processing speeds to fees and potential obstacles. MH Markets, operating for 5-10 years under the name Mohicans Markets (Ltd), has established a global footprint. With a WikiFX score of 7.08/10, it positions itself as a multi-asset broker offering a range of account types and access to the popular MetaTrader platforms. However, for a discerning trader, the real test lies in the details of its payment systems and the security of their funds. This article dissects the MH Markets funding methods withdrawal experience, leveraging pr
Original 14h
GAIN Capital Review: Exploring Complaints on Withdrawal Denials, Fake Return Promises & More
Is your forex trading experience with GAIN Capital full of financial scams? Does the broker disallow you from withdrawing your funds, including profits? Have you been scammed under the guise of higher return promises by an official? Does the GAIN Capital forex broker not have an effective customer support service for your trading queries? Concerned by this, many traders have shared negative GAIN Capital reviews online. In this article, we have discussed some of them. Read on!
Original 14h
WikiFX Broker
Latest News
The 350 Per Cent Promise That Cost Her RM604,000
WikiFXIn-Depth Uniglobe Markets Commission Fees and Spreads Analysis – What Traders Should Really Know
WikiFXWikiFX's New Evaluation of ATM Capital LTD: Does its License Protect the Arab Investor?
WikiFXIs Axi Legit? A Data-Driven Analysis of Its Regulatory Standing and Trader Feedback
WikiFXHow a Fake Moomoo Ad Led to the “New Dream Voyage 5” Scam
WikiFXFXPesa Review: Are Traders Facing High Slippage, Fund Losses & Withdrawal Denials?
WikiFXTrive Investigation: High Score, Hidden Risk - The Profit Paradox
WikiFXCMC Markets Australia Revenue Surges 34%, But High-Net-Worth Clients Face Tax Phishing Threat
WikiFX"Just 9 More Lots": Inside the Endless Withdrawal Loop at Grand Capital
WikiFXGCash Rolls Out Virtual US Account to Cut Forex Fees for Filipinos
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate