Introduction:
With the rise of Digital India, online banking has made life convenient. However, it has also increased the risk of cyber crimes and banking frauds. Every day, people fall victim to such scams. It’s crucial to stay alert and follow some simple safety measures.
What is Online Banking Fraud?
When a fraudster illegally accesses your bank details and steals money from your account or makes unauthorized transactions, it is known as online banking fraud.
10 Smart Tips to Stay Safe from Frauds:
- Never share your OTP or password with anyone.
- Avoid clicking on unknown links or calls from strangers.
- Be cautious of phishing emails.
- Always use secure websites (https://).
- Use only official banking apps and websites.
- Avoid online banking on public Wi-Fi.
- Install reliable antivirus software on your devices.
- Use strong passwords and enable 2-factor authentication.
- Report suspicious messages or calls to your bank immediately.
- Activate SMS alerts for all transactions.
What to Do If You’re a Victim of Fraud?
- Contact your bank’s helpline immediately.
- Call the cybercrime helpline number 1930.
- File a complaint at the nearest Cyber Crime Police Station.
- Request your bank to temporarily block your account.
Conclusion:
Online banking is convenient but requires caution. By following these simple safety tips, you can protect your hard-earned money from fraudsters
Narendra Singh is the founder of this website. He has considerable experience in the hotel industry. Through his articles, he expresses his views to make people aware of the evils going on in the society and to avoid them. To fulfill this objective, he has switched his 18 years long career of the hotel industry and entered in his favorite and interesting career, media. He not only warns against social evils, Rather, by using the Right to Information Act 2005, they expose social evils and inform the concerned department for action against the culprits.