HDFC Bank alerts customers against PAN card frauds: Details here
Zee News
Fraudsters distribute links to these websites by SMS, social media, email, Instant Messenger, and other means.
New Delhi: HDFC Bank customers are being subjected to a scam in which fraudsters send a link via SMS or e-mail asking the recipient to update PAN card information by clicking the link.
“#GoDigitalGoSecure and never click on unknown links asking you to update your PAN card details,” the bank tweeted recently. Read More: 7th CPC: DA hike for central govt employees due to inflation? Details here
This is known as a phishing scam, in which criminals establish a third-party phishing website that appears to be an existing genuine website, such as a bank's website, an e-commerce website, a search engine, and so on. Fraudsters distribute links to these websites by SMS, social media, email, Instant Messenger, and other means. Many clients click on the link without first reviewing the exact Uniform Resource Locator (URL) and enter security credentials like Personal Identification Number (PIN), One Time Password (OTP), Password, and so on, which are collected and utilised by fraudsters. Read More: Medical health insurance premiums to be taxed now, says AAR
Steps against phishing attacks:
The use of digital payments has increased, which accelerated during the Covid-19-induced lockdowns. However, as the speed and simplicity of conducting financial transactions has increased, so has the frequency of frauds reported in retail financial transactions.
