1 min read.Updated: 03 Sep 2020, 10:42 AM IST Written By Sangeeta Ojha
'Use your power of knowledge to recognize fraudsters', SBI tweeted
State Bank of India (SBI) has introduced a new feature for customers' safety
With the rise in digital payments, the online banking frauds have also increased. State Bank of India (SBI) has shared some tips to stay safe and to recognise fraudsters who are always on the prowl. In a short video clip shared on SBI's official Twitter handle, the bank has warned that the financial service sector has always been a target for cybercrime.
The video has shown contexts that may possibly lead to online banking frauds.
2) Change your account passwords constantly...all of them.
3) Never share your INB details with anyone over phone, email or SMS
4) Never click on suspicious links
5) Always rely on authorized SBI website for any bank related information.
6) Report fraudsters to the local police authorities or nearest SBI branch
Yesterday, SBI informed about the new feature introduced for customers' safety. The bank has alerted its customers to be cautious and not to ignore SMS alerts regarding balance enquiry or mini-statement when the request is not initiated by them. "Now every time we receive a request for Balance Enquiry or Mini Statement via ATMs, we will alert our customers by sending an SMS so that they can immediately block their Debit Card if the transaction is not initiated by them," the country's largest lender had tweeted.
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