New methods of online fraud are now enabling cybercriminals to steal money from your bank account even without OTP and PIN. This new method is surprising everyone, and if you are not cautious, you too can become a victim of this fraud. Know how a slight negligence can prove costly for you.

How to avoid cyber fraud

Recently, a 26-year-old woman from New Delhi saved herself from becoming a victim of a big fraud. She had bought an HP laptop from 'Croma', and a few days later she received a message from an unknown number. The message claimed that she had won a gift voucher, and to claim it she would have to share her bank details.

The girl suspected the message, as it had the name of both 'Croma' and 'Vijay Sales', and it was written that she had made the purchase through Vijay Sales. Due to her suspicion, she did not click on the link, which saved her from being a victim of fraud. If she had not been alert, her bank account could have been emptied. Cases of such fraud are increasing continuously, in which cyber criminals withdraw money from people's bank accounts within minutes, without any confidential information.

New method of fraud: Fraud without OTP

Now cyber criminals do not even need OTP or ATM PIN. They send fake messages, promising gifts or discounts. As soon as the person clicks on that link, his bank account is emptied.

In this type of fraud, criminals use various websites or social media platforms to steal phone numbers and other personal information. Then, they use this information to send messages that are related to a recent purchase or banking service. If the person is not alert, he can easily become a victim of fraud.

Call merging scam

Now a new method of fraud is also being used, which is called 'call merging'. In this, the criminals call the victim by introducing themselves as representatives of a reputed institution or person. After this, the victim receives another call, which the fraudsters ask to merge by telling him the 'VIP number'. As soon as the victim merges the call, the fraudsters listen to his OTP, banking code, or passwords related to social media accounts and use them to steal money or hack the account.

Fraud with more advanced technology

Cyber ​​criminals are now using even more advanced techniques. They send APK (Android Application Package) or RAT (Remote Access Trojan) files to people. If a person accidentally downloads them, then his entire mobile goes into the hands of the fraudster, and that person can become a victim of this fraud.

Ways to avoid it

Do not click on links from unknown numbers, especially when they promise offers, vouchers, or gifts.

Do not share your banking information with any unknown person.

If someone asks you to merge the call, be careful of him.

Download applications only from official websites and app stores.

If you notice any suspicious activity, immediately complain to the cyber cell.

Image Credit: FreePIk