SBI, ICICI, Axis, Yes, Bank of Baroda, Citi account holder? Don’t make this mistake or you will lose money

SBI, ICICI, Axis, Yes, Bank of Baroda, Citi account holder? Don’t make this mistake or you will lose money

Customers of banks like State Bank of India (SBI), ICICI Bank, Axis Bank, Yes Bank, Bank of Baroda, Citi, and Indian Overseas Bank have been under threat of being trapped in fake app downloading fraud. Many innocent bank account customers have downloaded fake apps and their credit card, debit card, account numbers even PIN have been stolen.

Hence, let’s understand how to stay secure while undertaking a mobile banking transaction. ICICI Bank has listed out few pointers on its website for its account holders to remain safe in terms of mobile banking. These pointers are common in case of other banks, and can be used as useful tips.

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Bank Fraud: Register for Email, Mobile Alerts
1. Register/ update your mobile number and e-mail ID for alerts to keep track of your banking transactions.

Bank Fraud: Set Strong PIN/Password
2. Set up a Pin/password to access the handset menu on your mobile phone. Set up a Pin/password that is difficult to crack.

Bank Fraud: Delete Junk, Avoid Suspicious URLs
3. Delete junk message and chain messages regularly. Do not follow any URL in message that you are not sure about.

Bank Fraud: Extra Precaution Over CVV/PIN
4. Do not save confidential information such as your debit/credit card numbers, CVV numbers or PIN’s on your mobile phone.

Bank Fraud: Install Anti-malware Software
5. Install an effective mobile anti-malware/anti-virus software on your smartphone and keep it updated.

Bank Fraud: Do Not Use ‘Jailbroken’ Or ‘Rooted’ Devices
6. Do not use “jailbroken” or “rooted” devices for online banking. Jailbreaking or rooting a device (the process of breaking into the phone’s built-in operating system to control it outside the vendor’s original intention) exposes the device to additional malware and gains administrative or privileged access of OS.

Bank Fraud: Download Apps from Certified Stores
7. Only download apps from official app stores such as Apple iTunes, Android Marketplace, Google Play Store and BlackBerry App World.

Bank Fraud: Never Share Confidential Information
8. Never disclose personal information or online banking credentials via e-mail or text message as these can be used for identity theft.




Source:- zeebiz



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