From Online Cheating To Bank Frauds, Here Is How To Stay Safe From Latest Cyber Crime

Cyber criminals are getting smarter day by day by adopting new techniques to fool people. People need to be aware of online cheating and forgery attempts, which are on steep rise. The420.in brings some of the common cheating cases and attempts, as well as suggested steps to avoid becoming a victim of fraudsters, below:

Case 1: A person received a phone call from a stranger posing as a member of the government’s medical staff, requesting an advance booking of the Covid-19 vaccine at government rates. The stranger instructed the customer to open the link sent to his mobile phone via text message and enter his name, date of birth, and bank account information, as well as provide the OTP sent to his phone for verification.

What to do: Do not open the connection and do not share any details about your bank account, OTP, or PIN. The phone call should be disconnected as soon as possible, and the connection should be cut. No government medical staff is expected to contact people to schedule Covid-19 vaccine appointments in advance.

Case 2: A customer of a bank gets a phone call from a stranger asking them to update their KYC information in their bank account right away. The man introduced himself as the Branch Manager. He was asked for his name, date of birth, ATM card number, card expiration date, and OTP by the so-called Branch Manager. The so-called Branch Manager was instilling fear by threatening to block ATM cards immediately if KYC and OTP were not issued.

What to do: Never send out your OTP or some other sensitive information to someone else. Bank employees would never contact a customer to collect personal details over the phone. This could be a scam call, and the fraudster could defraud the customer by withdrawing funds from their bank account.

CASE 3: After filling out details in the connection sent with the message, a customer receives a call from a stranger offering a large loan with low interest and no paperwork. Customer receives a call from another stranger shortly after filling out the paperwork, identifying himself as the Manager of a reputable finance company and requesting information about the customer’s bank account and OTP for verification before the loan is disbursed.

What to do: Strangers should never be trusted with such calls, texts, or connections. It is reasonable to assume that no reputable financial institution, including banks, disburses loans without first conducting adequate identification and due diligence.

Never give out your bank account details, OTP, or PIN to someone else. 

Please do not respond to calls, texts, or emails from strangers offering you a lottery, a prize, a gift, a loan, or enticing work opportunities, among other lucrative offers.

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