With time, the method of online fraud is also changing. Earlier, cyber thugs used to call people asking for bank account details by luring or threatening them. To prevent such frauds, OTP-based transactions were started but now it has also become a dent. Usually, when you get OTP without a transaction, you do not pay attention to it. People ignore it as the fault of the bank, but ignoring it can also cause you a huge loss. Cyber thieves have also become hi-tech in this era of increasing facilities of online banking and digital banking. Cyber thieves have now found a new way to defraud people, in which OTP is reaching people without any transaction. What you should do to avoid this type of fraud, let us tell you…
The first thing to understand is that unless you do a transaction, OTP will not come to your phone number and if you do not get transaction OTP then you should be alert. If this happens then it means that the cyber thugs already have a lot of information about your bank.
The first way to avoid such fraud is that you have been giving information about your mobile number etc. to your bank from time to time. If your mobile number has changed, inform the bank immediately. Also, check your credit card account details at least once a week.
If any suspicious link comes on your phone number or e-mail ID, then do not make the mistake of clicking on it and do not fill any online form if it is clicked by mistake. This method is named a phishing attack. Through this, information is obtained from people like their personal information like mobile number, e-mail ID, internet banking ID.
Use complex passwords for internet banking or any kind of financial account and change the password from time to time so that you can be safe even if anyone comes to know about it. Do not use birthday, date of marriage, mobile number, or vehicle number in the password
If even after taking all the precautions, fraud has happened to you, then immediately inform the cyber police, local police, and the bank. The sooner you complain, the more likely you are to get your money back. Apart from this, use paid anti-virus on your phone. Free antiviruses are not good in terms of security.