Scam alert: Upstox warns investors against cyber fraud, Check details

Upstox, the online stockbroker, has launched an awareness campaign to educate its 14 million customers about cybersecurity and identifying fraud.

The Upstox cybersecurity team has identified common tactics used by scammers, including the creation of fake social media accounts, apps, WhatsApp groups, and websites that mimic the company’s brand. These fraudulent entities often offer educational courses, stock tips, and promise guaranteed returns to lure unsuspecting investors.