With the considerable increase in online activity and the usage of electronic devices, it’s necessary to be aware of potential threats such as scams and fraud.

Methods of fraud and intrusion:

  1. Your address, phone number, and other sensitive information may be obtained by criminals.
  2. If you use unprotected public WiFi, thieves could get access to your network and compromise it.
  3. They might provide you instructions on how to install software and connect to the online payment feature over the phone while posing as a supplier of necessities like energy or water.
  4. The thieves trick you into turning on “Developer Mode” and “Wireless Debugging” during the introduction so they can link your phone to their “Pairing Device” PC.
  5. Plugins are a tool used by thieves to take control of your mobile device, which makes it a serious security concern that might have an impact on your mobile banking activities.

Advice for ensuring your safety tip:

  • Before choosing to follow the directions, be sure you have a clear understanding of who the service provider is.
  • Install an account protection system, such as one that requires a 2FA code for each transaction and limits the total number of transactions.
  • Regularly check bank account usage records and balances. If you are unsure, get in touch with the bank right away.
  • Avoid disclosing private and sensitive information on social media platforms and third-party systems, including dates of birth, phone numbers, addresses, PIN codes, passwords, OTPs, and credit card numbers.
  • Installing or downloading software from unidentified sources is not advised.

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