*Important & verified information for Safe Banking*
Security tips to protect yourself against SIM Swap
*What is SIM Swap? *
>Fraudster collects victim's personal banking information
>Fraudster approaches victim's mobile operator with victim's fake identity proofs & obtains a duplicate SIM card
>Mobile operator deactivates the original SIM card post successful verification & issues a replacement SIM
>Fraudster generates the One Time Password (OTP) which comes on the new SIM & carries out account transactions without victim's knowledge
*Tips to safeguard yourself against SIM Swap*
>Do not disclose your mobile number on social media platforms
>Never disclose Internet banking password/ATM PIN/Telephone PIN to anyone
>If your mobile stops working for unusual reasons, check with your mobile operator immediately
>Register for both SMS as well as e-mail alerts to stay informed about transactions on your account
>Never respond to unknown mails or calls asking your account details and registered mobile number
*Stay alert - Stay Safe*
_Wassalam_
