Saturday, July 30, 2016

*Important & verified information for Safe Banking*

I was sent the following to be safe from banking fraud.... PLEASE READ AND SHARE THE INFORMATION

*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*