TechnologY
By: Keshav Kumar
Date: September 3, 2024
While the RBI and other banks are actively working to raise awareness, many people still fall victim to fraudsters and end up losing money. Never share your OTP, PIN, or banking password with anyone.
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Many people report losing money after clicking on links received in messages, links that appear to be from their bank. Always check the message carefully and, if possible, confirm its authenticity with an official source before clicking on any link
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Online data breaches have become common, so it’s important to avoid using your card on suspicious websites.
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Scammers can impersonate bank officials or create fake websites that closely resemble legitimate ones. Double-check links and avoid clicking on it.
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Using a strong password with a combination of words and symbols can go a long way in preventing scams. Also, keep changing it from time to time.
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People often get confused when transferring money, so make sure you select the correct recipient, double-check the amount, and confirm with the receiver.
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People often forget to log out of their banking accounts, which can be dangerous as it increases the risk of your account being misused.
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People often neglect the number of devices where they’ve logged into their accounts. Ensure that only trusted devices have access to your accounts. If possible, minimise the number of devices with access to your account.
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Always ensure you know which app is requesting payment and only approve those you are certain of. Many fake requests are sent to steal your hard-earned money.
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