Online Scam Alert 6 Common Cyber Fraud Scammers Are Using to Steal Money

Online Scams: These days the number of smartphone and internet users is increasing rapidly. Online scams are also happening at the same level. India's cyber security agency CERT-In is running a special program this month to create awareness among people about cyber fraud and cyber crime. The organization organizes Cyber Jagrukta Divas (Cyber Awareness Day) for internet users. The program aims to create awareness among people about online frauds and prevent them from falling victim to them. As part of this, let's find out what are the most common online scams and how to get rid of them.

* How many types of online scams are there?

- UPI Money Request Fraud

In this scam, hackers trick people into sending money through the Unified Payments Interface (UPI). They use strategies such as sending fake money requests or impersonating legitimate organizations. UPI money request fraud can lead to financial losses and security issues.

* Bank account deactivation scam

Scammers will contact you saying your bank account has been deactivated due to suspicious activity. It usually starts with automated calls or text messages. You will be asked to call a specific number or click on a link for identity verification. If personal and financial information is provided, money will disappear in the bank account.

* Free iPhone Fraud

These fraudulent messages claim to win an iPhone 15 as a gift. WhatsApp groups, share to friends and trick them into claiming gifts through links. Such messages are almost scam related. If you believe and are deceived, you will have to face financial losses.

- OTP Fraud

OTP fraud involves various methods used to obtain one-time passwords (OTP) used for two-factor authentication from people. Fraudsters use tactics such as impersonating authorized entities, sending malicious links or impersonating victims at banks. OTP fraud can lead to financial losses and identity theft.

* KYC details scam

In this scam, scammers impersonate bank officials and ask for personal details for Know Your Customer (KYC) updates, along with threats of account deactivation. Be careful not to fall victim to such scams, you will have to face huge financial losses.

* Electricity Payment Defaulter Scam

Scammers are sending fake messages saying that the electricity bill has not been paid and that the electricity will be cut off if not paid immediately. They impersonate electricity board officials, intimidate and try to extort money.

* How to stay safe online?

- Suspicious emails

Do not trust emails sent asking for personal information, financial details and asking for an immediate response. Do not click on links from unknown sources and do not download any files contained therein.

- Personal data care

Sensitive personal data, such as social security numbers or bank account details, should not be shared with anyone unless necessary.

* Verify Sender

Always check the authenticity of the sender or website. Know phone numbers, email addresses, domain names, sender identity.

- Awareness of common scams

Be aware of the latest online scams and frauds. Be wary of investment schemes, lottery or prize scams, romance scams, tech support scams. Awareness should be increased on warning science and red flags.

- Be careful with fishing

Be alert to phishing attempts. In this, scammers believe that they are calling from well-known companies and banks to obtain personal information. Always check email sender addresses. Do not share login details or financial details with those who ask for them.

* Update the software

Make sure computer, smartphone, other devices are updated with latest security patches, antivirus software.