In a post shared on Twitter, the country’s largest public sector bank is advising customers to not fall for such scams. In the tweet, SBI says that it has come across recent reports where cybercriminals have reportedly created online fixed deposits in customers’ accounts in an attempt to carry out social engineering frauds.
“We urge our customers not to share their banking details with anyone. Don’t fall for scammers impersonating as SBI, we never ask for personal details like Password/OTP/CVV/Card Number over the phone”, SBI wrote in the tweet.
We urge our customers not to share their banking details with anyone. Don’t fall for scammers impersonating as SBI,… https://t.co/WH81b47vVi
— State Bank of India (@TheOfficialSBI) 1617629595000
Bank-related cyber crimes have increased in the past few years. Following simple security tips and taking precautionary measures can help avoid becoming a victim of these online frauds. Always remember that the bank or its employees will never ask for passwords, CVV, card number and OTPs.
Also, do not fall for online offers promising free gifts or reward money. There is no easy and safe way in the world to earn money overnight. Be attentive when visiting an ATM to transact. Take a quick scan of the place and ensure there are no objects like skimmers or hidden cameras. When inserting a card PIN, make sure you cover it with your palm.