Internet Banking Hoaxes Prevent Phishing Attacks, Going online to buy things or send money to family and friends has been a boon for hundreds of millions of Indians. However, there has been a negative impact, and many people have lost money as a result. Many people have switched to internet banking or net banking, but because they are unfamiliar with the medium, fraudsters may try to trick them into doing the wrong thing using phishing attempts.
Mistakes are made, and they come at a cost. While honest mistakes can be corrected, cybercriminals are constantly on the lookout for new victims from whom they can steal money. Those who are unfamiliar with their operating procedures or who put their trust in strangers suffer the consequences. These con artists use the phishing technique to steal money from online banking customers. There are virtually no risks involved. The crime relies heavily on deception and trickery. It all comes down to making big promises and appealing to the greed motive to pull off the crime successfully.
Cautious individuals, on the other hand, can avoid phishing attacks. They should be able to see through the schemes of these con artists and avoid being taken advantage of. We’ve compiled a list of precautions to ensure you don’t fall victim to a phishing attack. Examine these points carefully; they could save you from a large loss in the future.
How to Defend Yourself Against Phishing Attacks
- First, double-check the URL of the website in your email. It will resemble but not be identical to your bank.
- Double-check the URL for this in https:// as well. This is an abbreviation for safe.
- It will be rejected by fictitious banks and businesses. This http:// will be the most frequently used.
- If you receive phishing emails, do not click on any of the links in them.
- Never reveal your username or password on any shady websites.
- No legitimate bank or company will ever ask for your login or password, and those who do are attempting to defraud you.
At last, your usernames and passwords for Internet banking and phone banking are highly confidential and therefore should not be shared with anyone, including family members. Be suspicious if you receive a message from someone claiming to be from your bank and trying to obtain your username/password or even an OTP. Merely following these guidelines will then have you well on your way to preventing major losses and mortification!