Every year, thousands of people fall victim to cyber financial fraud. With a significant increase in the number of digital payments in recent years, the impact of online banking fraud has also increased significantly. Despite various measures to curb this threat, it is still the most widely reported form of cybercrime. Thus, it becomes vital for users to understand the potential risks involved in online banking along with the necessary measures that they must take to protect themselves. Here, we share things and we should not help you to protect your account from online banking scams.
What to do
Secure your password and PIN: It is in the interest of users to memorize the password for the bank account or ATM PIN. One should avoid sharing passwords with anyone or storing them on an online medium such as email, messenger or texts.
Check your bank statements regularly: Check your bank account at least once a week. In case of suspicious activity, report it immediately to the banks and its cybercrime department
Change your password regularly: Resetting your bank code every two months is best security practice. It will not only reduce the risk of bank fraud but also protect you from potential hackers. Always check the authenticity of the Bank Net Banking website by checking the URL and the PAD Lock symbol in the lower corner of the browser.
Identify Scammers: Scammers often pretend to be someone you can trust, such as a bank clerk, an insurance agent, or even a job provider. They may try to persuade you to disclose your smart card details. Do not give credit card information, email addresses and other personal information to strangers. Avoid replying to such texts, phone calls, or emails.
Report card loss immediately: If your debit or credit card is lost or stolen, contact your bank immediately and ask them to block the card.
What not to do
Avoid the obvious: Avoid using it date of birth your contact number or combination as an ATM pin. Also, name, birthplace and other known ways should not be part of the online banking password.
Avoid using public computers for digital payment: Do not access banking and make payments using your credit / debit card from shared computer networks, such as cyber cafes or public networks Wi-Fi, such as hotel / airport etc.
Do not let the debit card see you: As long as you are only authorized to use your smart card, you should avoid sharing it with anyone. Even in restaurants, whenever possible you should pay the bill to the cashier instead of handing it over to the waiter.
Do not click suspicious links in emails: Do not open unexpected email attachments or instant messaging links. It can help an attacker gain unauthorized access to your account.