How Cybercriminals Commit KYC Fraud And How To Protect Yourself

KYC (Know Your Customer) fraud has become one of the most common and oldest tricks in the book for cybercriminals to deceive individuals. Over the years, many have fallen prey to this scam, with cybercriminals using KYC as a way to commit large-scale financial fraud . By the time victims realize what has happened, the damage is already done. Despite growing awareness about KYC fraud , many people still become vulnerable to it.