These days many of us are moving towards digital payment or online banking to carry on our transactions and the grwoth in online transactions has attracted cyber criminals who are engaged in cyber fraud!
In order to prevent cyber fraud, HDFC Bank has issued a warning to its account holders warning about the cybercriminals and their modus operandi. HDFC Bank has also provided recommendations to its customers on how to avoid loss of money while banking online.
It is to be noted that cyber criminals have gotten more sophisticated and are now using several methods to steal money online. According to the National Crime Records Bureau (NCRB), the number of cybercrime cases increased by 11.8 percent in 2020 from 2019.
Cyber criminals attempt to steal money online in several ways:
1. Pretending to be bankers,
2. insurance agents
3. healthcare workers
4. telecom workers
5. Government officials
The cyber criminals try to get your KYC information by using different tricks so that they can get the necessary details required to carry out cyber fraud.
HDFC Bank took to Twitter to warn its customers about cyber crime. According to the HDFC Bank statement, “While shopping online, stay alert & practice #MoohBandhRakho when asked for banking information from unknown sources. Avoid giving out sensitive information on unverified payment pages.”
Here are few things which you must keep in mind to avoid loss of money:
1. Never give your PIN or OTP to anyone
2. Do not click on unknown links
3. Use only official bank websites
4. Never make payments on unknown portals
