Face Authentication Scam Or AEPS Face Fraud: In such an era where all the work is being done digitally and now banking services have also become easy, in the same modern era, cyber fraudsters have also found new ways to grab your deposits. At the same time, the fraudsters have now found a shocking method, in which the scammers are targeting the Aadhaar Enabled Payment System (AEPS). The most surprising thing in this whole fraud is that in this new fraud neither OTP nor any call is required, the account can be emptied with just a photo of you.
Talking about AEPS, it is a banking facility which allows transactions through Aadhaar number and biometric verification i.e. fingerprint or face. This system is especially useful in villages and remote areas because it is easier for people there to understand how to work.
But now cyber criminals have started misusing this easy feature Face Authentication. Do not consider this fraud like the others because it is different from traditional phishing as this type of fraud does not require any direct contact.
According to information received from reports, scammers only need a clear photo of you in this fraud. After which they create a deepfake face using advanced AI technology and carry out the deception, know how the deception happens:
This simply means that your social media photos can also be used in this, which is a matter of danger.
Experts have given some suggestions to prevent this, by which fraud can be prevented, for which it is very important to adopt necessary precautions:
If you were not aware of this fraud and money has been deducted from your account without permission, then take immediate action.
By taking quick action in this way, you can reduce your losses.
The AEPS facility has been designed to simplify the banking process, but in view of the fraudsters, its misuse can become a big threat. Therefore, it is very important to be alert from the beginning and take right steps at the right time.