Keep an eye out for this ‘spoofed’ online banking message, Government of India warned

People using online banking are warned by the Government of India to beware of this new scam. Typically people receive a message saying that they have added a new beneficiary whenever they do to transfer money. So this new online banking scam tricks people based on this concept through a crooked text message. Hence, Cyber Dost Twitter issued an alert to not fall for any of these. According to the tweet, people must keep themselves from tapping on such messages.

Keep an eye out for this ‘spoofed’ online banking message, Government of India warned

It is critical to note that Cyber Dost is managed by the Ministry of Home Affairs, govt. of India. They educate people about cybersecurity and safety through this. An image of a message was shared by Cyber Dost that said, “Dear XXX customer, you recently added a nominee to your account named XXXXX. You will be able to send funds to this nominee after 30 mins”. The timings mentioned in the message deceives some people into thinking that it is authentic. Then, users are asked to log in to their account and follow the procedure to make a beneficiary, if they haven’t already.

 

Many naive users can probably fall for it and do as said in the message and invite a scam. Messages similar to this can happen to be fraud and people can be tricked into this. It is, therefore, requested to the users to avoid clicking such links and always verifying from the bank first before doing anything. This is to save people from this scam that can cost them money.