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State Bank of India Alert! You might lose your hard-earned money if you do THIS

Perpetrators can use the information for siphoning money from the victim's account or run up bills on the victim's credit cards.

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State Bank of India Alert! You might lose your hard-earned money if you do THIS
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Have you ever received an e-mail saying congratulations you have won a handsome amount, enter your username and UPI PIN to claim it? Well, BEWARE as your money is at stake here and it's better to be safe than sorry. This email making you so happy could be sent in the hope of taking all your hard-earned money away from you. 

The state bank of India has alerted its customers of the online scams and attacks once again.

India's largest money lender, SBI has warned people through its official Twitter handle against such scams. The tweet from SBI said, "Be aware of fraudulent emails offering free gifts and rewards. Scammers send these emails to extract money from your account via your personal details. Do not share your bank details with anyone. SBI never asks for your UPI PIN. Stay cautious & #SafeWithSBI".

 

"Receiving money does not require UPI PIN and has cautioned the customers against sharing one's UPI PIN with anyone," SBI stated. 

 

Customers should be aware of the fact that 'phishing' is a common form of internet piracy. It is used to steal confidential financial information like bank account numbers, net banking passwords, credit card numbers, personal identity details, and others. 

Perpetrators can use the information for siphoning money from the victim's account or run up bills on the victim's credit cards. One could also become the victim of identity theft. 

SBI has also informed its customers about how these attacks come into play, on its website, oninesbi.com.

  1. Internet banking user receives a fraudulent e-mail seemingly from a legitimate Internet address.
  2. The email invites the user to click on a hyperlink provided in the mail.
  3. The user clicks the hyperlink and is redirected to a fake website that looks similar to the genuine Internet banking site.
  4. Usually, the email will either promise a reward for compliance or warn of an impending penalty on non-compliance.
  5. The user is asked to provide confidential information, such as login/profile or transaction passwords and bank account numbers, etc.
  6. The user provides the details in good faith and clicks on the 'submit' button.
  7. The User is shown an error page and has fallen prey to a phishing attack.

SBI suggests that one should not click on any link, which you might have received through e-mail from an unknown source. It can be a 'Phishing attack' or could contain malicious code. You should not provide any information on the page that has appeared as a pop-up window. 

You are advised to visit onlinesbi.com for more information.

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