Beware of KYC Fraud: SBI Alerts Customers, Know How to Protect Yourself From Online Fraud

New Delhi: India’s largest public sector bank, The State Bank of India (SBI) has alerted its customers to beware and take precautions against the increasing cases of online fraud. Issuing an alert through a video on Twitter, the bank put out a warning that there have been many incidents in the recent past where fraudsters called people in the name of KYC verification and churned out personal information from them. Also Read – Online Fraud: Downloading App Costs Bengal Scientist Rs 2 Lakh

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In a video released by SBI on Twitter, the bank alerted customers and said, “Protect yourself from fraudulent calls or messages requesting KYC verification. The fraudster makes a phone call or sends a text message pretending to be a bank/company representative to get your personal details. Report such cases: cybercrime.gov.in.” Also Read – SBI Announces Interest Rate Concession on Home Loans Rates

KYC सत्यापन का अनुरोध करने वाले कपटपूर्ण कॉल या संदेशों से खुद को सुरक्षित रखें। जालसाज आपके व्यक्तिगत विवरण हासिल करने के लिए बैंक/ कंपनी प्रतिनिधि होने का नाटक करते हुए एक फोन कॉल करता है या टेक्स्ट संदेश भेजता है। ऐसे मामलों की रिपोर्ट करें: https://t.co/d3aWRrx4G8 #KYCFrauds pic.twitter.com/7rwkBlgMWh

— State Bank of India (@TheOfficialSBI) January 13, 2021

How to know if it’s fraud?

The SBI said that most of the cases in the past have been where a person calls an SBI customer pretending to ask details for KYC verification. Such a person will ask for an OTP or Aadhaar card details. SBI warned that such calls are fake and customers should beware of them.

Tips to avoid KYC fraud:

1. NEVER share your OTP with anyone else

2. Avoid remote access applications

3. DO NOT share copy of Aadhaar with a stranger

4. Keep all your details updated like contact information updated with your bank

5. Change password from time to time

6. NEVER share mobile number or any confidential data with a stranger

7. DO NOT click on any link without verifying

How to report fraud?

The SBI mentioned its toll-free customer care numbers in the video. In case of a fraudulent call or message, customers should report the incident by calling at 18004253800 or 1800112211. They should also immediately file a report with the cyber crime department.