How you can avoid these four most common digital payment frauds
- Fraudsters often call the victim posing as an executive and misleads them into breaking security procedures
Recently, former cricketer Vinod Kabmli lost ₹1.14 lakh to a digital payments fraud. The conman, posing as a private bank executive, coaxed Kambli into downloading third-party app AnyDesk that would enable him to update know-your-customer (KYC) on his card. The app gave the fraudsters remote access to the cricketer’s mobile phone, following which they stole sensitive information related to his bank account and OTP to commit the fraud.