Recently, the government's cybersecurity agency Cert-In has warned people against incidents of credit and debit card skimming on e-commerce websites across the world. There are several ways to avoid debit and credit card frauds, know how:
1. Use your cards only on trusted online websites: The best way to cut down card frauds is to making sure that you use your cards only on trusted websites during online shopping. Trusted websites are those which are SSL-certified. Fir instance, they use protocol like 'https'.
2. Be aware of malware: Be it your smartphone or laptop, is a gateway to the banking account. It is really important to be aware of what is installed on the device and what not. By fault if you end up clicking on a malware link, hackers may be able to spy and steal your financial data.
3. Avoid using public networks: Many people have habit of connecting their electronic devices with free/unknown Wi-Fi, you must ignore these habits to keep safe your financial data. As it becomes easy for fraudsters to target you.
4. Don't disclose your card information with anyone:
If you receive a call/e-mails asking for sensitive information regarding your credit/debit cards, and other bank information. Kindly, make sure to not share information like bank account number, card number, PIN, CVV, or password with anyone.
5. Opt for two-step varification:
Opting for two-step varification is another way to make sure that your debit/credit cards can't be used for fraudulent transactions. Under this type of varification, an OTP is generated and sent to the registered mobile number every time a financial transaction is initiated.
6. Watch out for skimming devices: When using the debit/credit card to withdraw cash from ATMs, be sure to check for skimming devices.
7. Register for alerts: Link your mobile number with your bank account, this will ensure that you get updates on every transaction that is carried out using your card.
8. Immediately report fraud transactions: In case any unauthorised transaction has taken place from your account, immediately report it to the bank/ cybersecurity police and ask them to block the transaction and your card.