NEWS & ADVICE : CREDIT CARDS
RBI genrates alerts against phishing scams
By Ankit Sharma
Feb 16, 2011
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The number of email frauds occuring in India is on a high. Despite the Nigerian phishing scam being widely known, there are still cases where people are falling prey to such cases.

Phishing scam refers to such fraudulous activities where the rogue sends false emails to people claiming them to be officially valid. Once the customer clicks on the referred URL, he is asked to give away his personal credentials as part of regular process. This when given out, the scammers use to do all kinds of fraudulous activities in the customer's name.

As yet another warning alert to such activities, Reserve Bank of India has opened a new window which would be advising people after such scams are detected in which the scammers had camouflaged themselves as RBI officials.

Fraudsters have regularly come up with innovative ideas to fool people using names ranging from Fed Chief Ben Bernanke to Coca-Cola. The communication can be through various modes like emails, letters, SMSes amongst them.

 

 


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