Bank Fraud: Banks have warned account holders to beware of suspicious SMS that can trick them into sharing banking details.
Bank Fraud: The country’s leading banks including the country’s largest state-run bank SBI (SBI-State Bank of India), HDFC Bank and RBL Bank are advising their customers to be careful. Cyber security is now a concern in the world of digital banking. Your one mistake can ruin years of hard earned money. Banks have warned account holders to beware of suspicious SMS that can trick them into sharing banking details.
Be careful if you get this kind of SMS
Cyber experts say that Ford sends such a message asking people to update the document. As soon as they click on the link, a form opens there and many personal information including ATM number is asked from them. As soon as this information is updated. Similarly, these fraudsters withdraw money from the account. Just as the ‘phishing’ category of fraud occurs over email, so does SMSing through SMS messages.
Ever-increasing numbers
Cybercrime expert Ritvika Banerjee told Money 9 that incidents of smishing vishing are continuously coming to the fore. Due to restrictions imposed due to Corona pandemic, more and more customers are resorting to online banking. Cyber criminals are taking advantage of this and are also contacting customers through SMS. He said that the number of these cases has increased in the last one and a half years.
In this way you can save
“There are many ways to protect yourself from cyber fraud, including SMShing. Do not click on any link, whether it comes through email, SMS or WhatsApp, unless you know the sender.
Even if you accidentally or intentionally click on the link, pause for a moment and check the URL of the website before taking any further action.
According to Banerjee, never share your personal information or financial information with anyone through SMS, call or email and also report suspicious attempts to your bank.
Cyber crime in india
The year 2020 has seen an increase in incidents related to cybercrime. According to a survey report by cyber security software company Norton LifeLock, about 27 million Indians have been victims of cyber theft in the last one year.
In 2020, the global loss due to cybercrime was $6 trillion, which is more than India’s GDP and the cumulative market cap of all companies on the BSE.
Check out the bank’s tweet here
https://twitter.com/pnbindia/status/1402484348432130050?s=20
