In such cases, the complainant alleged that some unknown person had withdrawn cash/transactions through his credit/debit card by means of online purchases. In those cases the maximum purchases are executed through the use of the required records of the credit/debit card for making purchases:
1. Sixteen-digit credit/debit card number.
2. Validity of the credit/debit card.
3. Three-digit private Card Verification Value (CW) or One-TimePassword (OTP) sent to the registered cell wide variety of the debit card holder. While it is possible that the validity of the card number and cardboard is made known to the fraudsters through an insider with the financial institution, the OTP is bought through them to pretend to have the OTP through a way to deceive the account holder that it is the required miles for account verification.
Preventive Measures/Precautions
1. Don’t offer your account to a wide variety of people over the telemarketersmartphone and you’re making a decision for a business enterprise other than one you consider reputable. If you have by no means executed a commercial enterprise with them, do a web seek for opinions or complaints first.
2. During a transaction, keep your eye on your card. Ensure you retrieve it again before you stroll away again.
3. Monitor your financial institution and credit score card statements.
4. Monitor your credit score report.
5. Never keep credit card records saved on-line.
6. Never employ a credit card on a public computer.
Read Also:
The number of internet users in India is more than 560 million, which is the…
Cyber crime is a crime that involves computers and networks. Finding any computer at a…
As the world is moving forward in the field of digitalization, the threat of cyber…
Digital world creates conditions where nothing remains confidential or secret.’ Has the present world really…
‘Cybercrime in India’ is the term used to describe criminal activities involving a computer or…
Police is an organization of the government, which has to work promptly to maintain law…