Phishing:
Phishing is an attempt to criminally and fraudulently acquire sensitive information such as user names, passwords, credit card details etc, by posing as a trust worthy site in electronic communication. Phishing is typically carried out by email or instant messaging which directs the users to enter details at a website.
The fraudsters use phone contacts, pose themselves as bank officials and gain the secret data from the account holders like PIN, CVV number, OTP and do online fraudulent transactions from the account of the individual. No bank asks to provide your card details and secret information.
The PIN, CVV number and OTP are secure and secret numbers which should not be revealed to others.
Vishing:
This form of fishing for valuable information is called “Vishing”. As you’ve probably guessed, it’s a variation of the term “phishing” and the V stands for voice. Sometimes you may be less guarded when a phishing attack comes through phone lines.
Vishing is a criminal practice of using voice to gain access to private, personal and financial information from the public for the purpose of financial fraud. Vishing is used to steal credit card details or other information from individuals.
Hacking:
In the modern sense, computer hacking means gaining unauthorized access to computers and network resources with malicious intension. Hackers break into computers systems by exploring security vulnerabilities like poorly chosen passwords.
Hackers modify the data without your consent. They use the modified data to divert money to the hackers account. The hackers read your mails, invoice statements, business transactions, banking transactions and makes use of them to commit fraud. They change the account numbers actually intended in the mails and invoice statements. They divert the money to the fake account numbers. One has to check one’s mails, change passwords frequently, check every business mail and invoice with other business partners, before transferring the amount.
Online job frauds:
Scammers offer lucrative jobs abroad to the targeted person, by sending fake job offers to the targeted mail. The scammer gets in contact through phone and conducts fake online interview. He asks you to pay money for visa processing, to a bank account. After paying, he sends fake visa payment receipt. He gain asks to pay money for visa stamping and seal. The interview letter, appointment letter, visa process etc are fake. Genuine Companies never ask to pay money in advance.
The scammers lure the youth by sending false mails, make false calls and ask the targets to pay lakhs of rupees for providing jobs in foreign countries or in reputed companies and promise back door entries.
They send fake job offer letter, interview letter, company HR details, visa payment receipt, fake visa with stamping, fake joining letter etc. They ask you to pay money for visa clearance, processing fees, flight tickets & security deposit. They give all Indian bank account details to pay the money in lakhs of rupees. The bank accounts are not at all concerned to the job offer in other countries. Youth have to be cautious and be aware of such job offers and not to fall prey.
Online lottery frauds:
Scammers send fake message alerts to the mobile and fake e-mails that you have won crores of rupees in foreign currency in international lotteries viz BBC draw lottery, Coca cola lucky draw, Chevrolet car lottery, Microsoft company lottery, Australia Mobile lottery etc.
All the claimed international lotteries are completely fraud. They lure public to send money to various accounts on the plea to get RBI clearance certificate, income tax clearance certificate, CBI clearance certificate, courier charges etc which are all false.
They send fake documents to the targeted e-mail, like lottery winning certificate, certificate of award, fund release order, insurance coverage certificate, RBI clearance certificate, income tax clearance certificate, CBI clearance certificate, anti fund tax certificate, United Nations mission in India Money Laundering Clearance Certificate etc. and extract money from you stage by stage. Public have to be cautious and be aware that such international lotteries are false and bogus.
ATM / Credit Card fraud:
After committing theft of Credit / ATM card fraud can be committed using the card and card data as fraudulent source of payment in a transaction.
The Credit / ATM card fraud can be an identity theft or online cheating. The fraudsters pose themselves as bank officials, get the card secret information like PIN, CVV & OTP over phone and make online POS transactions from the account of the card holder.
The PIN (personal identification number) and CVV (card verification value) number and the OTP (one time password) for doing online transaction are all secret numbers. The three secret numbers should not be revealed to outsiders. While doing online transaction, the message generated to the mobile is OTP. The message clearly says that no bank asks for the OTP and should not be revealed to others.
