Cyber fraud alert: Nowadays cyber crime is growing rapidly and scammers are adopting new ways to cheat people. There is one such way in which he calls people by becoming a bank worker and demands one-time password (OTP) from them and blows all the money from their bank account.
How do scammers cheat?
Frauds often call people and call themselves as bank employees. They can give information like your name and even your credit card number. They say that there have been some suspicious activity in your bank account and they have sent you an OTP to verify your identity. When you tell them that OTP, they immediately withdraw all the money from your account.
This kind of fraud is not only happening to you, but in Australia and many other places, such cases are continuously increasing. Cyber criminals steal the data of people and cheat them. This data is sometimes leaked from hacking or by some accident and then it is sold to fraudsters.
Full game takes place on phone call
Once the fraudsters get your information, they call you as a bank worker. They can also use fake collar ID so that you do not doubt them. They immediately ask you to verify your identity and ask for OTP. As soon as you tell them OTP, they withdraw money from your account.
Bank does not help
The victims say that when they complain to the bank about this, the bank refuses to help them saying that they themselves shared their OTP, which has violated the rules of the bank. In such cases, legal action is also very less.
3 easy ways to avoid cyber fraud:
1- Never tell anyone on the phone, their one-time password (OTP) or any safety code, no matter how reliable the call person feels.
2- If you suspect a call, cut the phone immediately and talk on your bank’s helpline number and talk. You will find this number on your bank’s website or your card.
3- Always be careful when sharing your personal information online, especially on an unknown website or social media. Share only the information that is necessary and which you do not feel any danger in making it public.