If you take care of these 7 things, then Cyber ​​Fraud will not spoil you.

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Banking frauds: In spite of repeated instructions from banks, if they make a mistake, then there is a need to be prepared for the loss.

Do not share any information of internet banking with anyone.

Banking frauds: In the Corona era, cases of cyber fraud have increased considerably. Digital transactions have also increased significantly, due to which vicious Criminals are using their brains more in misdeeds. These frauds have made the lives of the people miserable, which has also increased the uneasiness of the banks. Banks are constantly informing their customers with the help of messages and other platforms. You also need to take these things seriously.

If you get a call from somewhere and they tell themselves to the bank’s finance department or any other department, then one needs to be careful. These people pretend to get you a loan. Many types of information are sought during the conversation, but do not share these seven information with anyone. If you do this, your bank account can be empty. The most important information is PAN card details. Do not share your PAN number with anyone.

Apart from this, information such as Internet banking credentials, registered mobile number, UPI password, ATM card number, ATM password and UPI VPA are not to be shared in any case. In spite of repeated instructions from banks, if they make a mistake, then there is a need to be prepared for the loss. When any type of conversation related to the bank is on the phone, it is important to understand what to say, what not to say and whether to share information and not to do it.

Last week, in view of the increasing case of ATM fraud, the central government has asked banks to further improve their standards regarding the security of ATMs. Banks have been asked to use the end-to-end encryption system. In the past, the risk of Man in the Middle (MiTM) at ATMs has increased.

There is also a huge boom in ATM fraud

Man in the Middle (MiTM) is an advanced method of ATM fraud. In this, when the ATM machine receives the request for cash withdrawal, then that message is intercepted. By changing the message about the transaction, it approves the unapproved transaction. In simple words, the message which is declineed about the transaction, makes the transaction by changing it. In such transactions, the account is not debited as it has not been officially approved. For this, they place their device between the ATM machine and the router. The ATM machine is connected to the network only with the help of ATM Switch. The devices of hackers transcribe the message of this switch and then give the command according to their own.

Also read, deposit 22 rupees daily in this post office scheme, you will get 8 lakh rupees

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Bhagyashree Soni
Bhagyashree Soni
Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.
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