Cyber Fraud in the Era of Digitalization is one of the Rampant Crimes Happening all over the World. Specially in a Country Like India where 70 Percent of Population is Young it is very important to keep tab on online Activities and effective use of Online Steps in order to ensure a safe internet usage experience.
Where Cyber Fraud Happens Mostly? Cyber Frauds Mostly happen through random calls from Frauds representing themselves as Bank Employees who call up the person to spread panic regarding their Bank Account Getting Blocked if they don’t update their KYC immediately. While Banks generally don’t ask for KYC Update over phone the non doubtful customer fall prey to the plan of fraudsters and give their OTP which leads to their account getting washes away of Funds in Seconds .
Another Type of Cyber Fraud– Another Type of Cyber Fraud is getting SMS with name of Bank like HDC, SBI, KOTAK ETC that your account will be blocked today if you don’t Update PAN, Aadhaar, KYC and a bitly link is Provided .If you accidentally click on link and follow instructions as desired your account may get hacked .
Email Spam Fraud– It is oldest way used to trick customers by clocking on the malicious link given in the mail which seems like a Bank Mail , however it is actually not a genuine mail , clicking on which will lead to hacking of Your Account , PC , Phone.
Phone Jack Juicing- It is a new kind of fraud in which if the Phone is used for Charging on a Public space which can be sued by Hackers to get into your phone details and hack everything under it .It is better to avoid using Public Charging Platforms.
Steps to Strengthen Cyber Security for your Phone , PC , Laptop–
- Use a Good Anti Theft Anti Virus for PC and Phone to keep it safe from malicious sites, viruses and malicious links .
- Use Two Factor Authentication for Your Primary Email
- Use Tow Factor Authentication for Internet Banking
- Keep International Transactions off in your Credit Card if you are not using it internationally regularly
- Use Card Less Withdrawal Option at ATM to avoid cases of ATM Cloning where your Debit Card can be hacked.
- Dont Trust anyone calling from Bank .Bank Never calls for immediate upadte of KYC.
- Dont Click on any suspicious Bank Messages .
- Delete Such Messages and Mails having malicious links.
- Block and Report Number of Frauds Calling from Banks .
- Inform Bank on Social Media Like Twitter and LinkedIn in that you are getting such messages from Banks .
Please keep in mind all the Above Steps and Ways to save yourself from any Cyber Crime/Fraud to happen to you in Future.
