Cyber and Fraud Hub’s Post

Scam alert! We’ve received reports of phishing calls claiming to be from the Star Bank Fraud Department. The scam starts by asking about suspicious debit card transactions on your account with the intention of stealing your information and money. Star Bank will NEVER ask you for your username and password, online banking security code, PIN, or other personal information. Never provide this information to someone contacting you by phone, email, or text. When in doubt hang up and call us directly. Visit our website for more fraud awareness and prevention tips: https://lnkd.in/g8sfmhZW #thebankthatcares

A victim of financial fraud? Here is what to do! In 2023, a staggering 1.13 million cases of financial cyber fraud were reported, leaving many devastated after losing their hard-earned money. I recently found myself in a similar situation. An alarming message claimed my bank account would be closed unless I verified my Aadhaar details. Panicked, I clicked the link provided, only to realize it seemed fishy – no mention of my bank and a suspicious web page layout. Thankfully, I trusted my instincts and contacted my bank. They confirmed it was a scam. If you've experienced something similar, here's what you should do: Inform your financial institution immediately. They need to take action against these fraudsters. Lodge an FIR at your local police station. Provide all evidence – screenshots, links, messages. File a complaint with the National Cyber Crime Branch by dialing 1930. Don't stay silent. Reporting these incidents can protect others and help authorities crack down on fraudsters. Stay vigilant, stay safe! #BanoCyberSmart #Fraudalert

Security Saturday! Learn to recognize the most common types of cybercrimes and scams to avoid becoming a victim. Did you receive a call informing you that there is an error with a deposit or other transaction on your account? Hackers may have gained access to your online account through your own computer. In some cases, they will transfer money from a savings account to your checking account in order to convince you money has been deposited in error. They will inform you to send the money back through a wire or prepaid cards, asking you not to involve your own bank, and threatening legal action if things get complicated. Verify the transaction with your bank with a phone call before you send a wire or money. Be honest with us about the intent of the transaction so we can protect you from falling victim to this scam. #Cybercrime #AccountErrorScam #DepositScam

Fraudsters might send a small amount of money to your account, then call in a panic, claiming they mistakenly transferred a much larger sum. In the rush to return the payment, you could end up paying back far more than you received—all because of a sneaky decimal trick. Take a moment to verify the amount before transferring any money back. Watch the video to learn how fraudsters try to dupe you and how to #BeatTheCheats. If you suspect any financial fraud, report it by calling 1930 or visiting cybercrime.gov.in. Stay alert and protect your digital transactions! CyberDost #SatarkNagrik #CyberSurakshitBharat #NationalCyberSecurityAwarenessMonth #NCSAM #NCSAM2024 #SafeBanking #UPI #CyberFraud

Fraudsters impersonating known, trustworthy friends, family, and colleagues is nothing new. Yet, in our vast experience, this is the first case where the fraud is against the bank itself, not a bank’s customer. Just this spring, two of PCBB’s customers contacted our operations team with a similar story: an employee’s account had been hacked, resulting in two fraudulent email requests for large wire transfers that were then processed. In an effort to spread the word and hopefully prevent something like this from happening to your institution, we share details on how this cyberattack unfolded, as well as share tips to protect your institution from similar threats. https://lnkd.in/gYQEx5xk #PCBBBID #wirefraud #fraud #deepfakes

Fraud can take many forms, from phishing scams to identity theft, and it’s crucial to recognize the warning signs and take action early. Here are a few simple tips to protect yourself and your finances: 🔒 Secure Your Information: Use strong, unique passwords for online banking and never share your login details. 🚨 Be Aware of Scams: Always verify the source of emails, calls or messages asking for sensitive information. 📱 Monitor Your Accounts: Regularly check your bank statements for any suspicious activity and report it immediately. 📚 Stay Informed: Educate yourself about common fraud schemes and how to spot them. Let's work together to protect our community from financial crime. #InternationalFraudWeek #StaySecure #SolvayBank #FinancialSecurity

🚨 Beware of Fraudulent Calls: Don’t Fall for This Common Scam! 🚨 Today, I received one of those dreaded automated calls claiming “fraudulent activity” on my credit card. The voice said my bank accounts would be frozen unless I took immediate action. 🚫 STOP RIGHT THERE! This is a classic scam. Fraudsters often use scare tactics to trick you into revealing sensitive information or sending money. It’s easy to panic, but remember these key points: 🔐 1. Banks never ask for sensitive info over the phone. Real banks won’t call you out of the blue asking for your credit card number, PIN, or OTP. 📲 2. Don’t trust caller IDs. Scammers can spoof legitimate numbers, making it look like the call is from your bank or a familiar institution. 🤔 3. Hang up and verify. If you receive a suspicious call, hang up and call your bank using the official number from their website or your card. 💡 4. Report the incident. Inform your bank about the call and report the number to your local authorities or the cybercrime department. 👥 Share this with your network! Education and awareness are our best defenses against these scams. Don’t let these fraudsters prey on fear—let’s spread the word and protect each other! Stay safe, stay alert! 🚫💳 #FraudAlert #StaySafe #ScamAwareness #CyberSecurity #BankingSafety #dot #bank #finance #calls #spam

Awareness :- "OTP Scams and Credit Card Fraud: How to Stay Protected" If you mistakenly share your OTP or your phone is hacked by fraudsters, resulting in the misuse of your credit card, it is crucial to act immediately: Make sure to report the incident immediately to the cyber cell "1930"CONTACT NO, and your nearest police station. Even after SHARING OTP, a victim is not liable to pay, because a fraudulent transaction occurs, it remain in an "unposted" status for up to 3 working days, meaning the money is still with the bank and hasn’t been transferred to the fraudster yet. So, as also inform your bank and block the card immediately Stay informed, stay safe, and always be cautious while handling sensitive information!"

IMPORTANT MESSAGE: An employee of BCB Bank will NEVER call you on the phone and ask for your Online Banking Password or Security Access Code. Do not provide the information to anyone – it may be a scam. Use Phone Caution: Your bank will never request personal information over the phone. Be suspicious of unsolicited calls. Independently Verify: If in doubt, hang up! Verify the call’s authenticity by contacting your bank. Stay Informed: Be aware of common phone scams. Knowledge is your best defense against fraud. Click here to learn more https://lnkd.in/gBkp6Ku3 #BankwithBCB #CyberSafety

Another fraudulent text scam is circulating which looks like the attached message. The Dime Bank will never ask you to click on a link and enter sensitive data! If you receive a message asking you to click, it is always a scam. Do not click, delete!! If you feel your information may have been compromised, immediately lock your debit card, change your online credentials, and call The Dime Bank. To help keep your money safe, read and implement The Dime Bank’s Fraud & Security Tips at https://lnkd.in/g_fNwQAR. | Member FDIC