Safe Banking Tips
It’s a fraudulent attempt, usually by sending emails, pop up etc to obtain customers sensitive information such as usernames, passwords, card details etc.
It’s a form of phishing attempts where the fraudster uses the telephone instead of email to scam the user in surrendering their personal details.
It’s an act of stealing information through magnetic strip on the cards that are used at ATM kiosks and merchant establishments. Skimmers use a small device that stores information contained in this magnetic trip. A tiny strategically positioned camera could be used to capture your PIN.
Trojan is a type of malware that disguises itself as a normal file or program to trick users into downloading and installing malware. After it is installed and activated, Trojan attacks the computer leading to deletion of files, data theft, or activation/spread of viruses. Trojans can also create back doors to give access to hackers.
Identity theft means when a fraudster steals your identity and uses it to get loans, credit card, account opening or other services. They can access your details via Phishing, Vishing, Smishing or anyother means.
It’s a term used to describe innocent victims duped by fraudsters into laundering stolen/illegal money via their bank account. Fraudsters send attractive offers of earning additional income, some lottery win, and loans at cheaper rates to get your bank account details and use it for illegal money transfers. When such incidents are reported, money mules becomes the target of police investigation.
Tips for Safe Mobile Banking