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    •   If your parents/elders feel the need, they can also contact the local police station to lodge a
                       complaint against the cyber bully.
                     •  Never  install unwanted software and apps  like dating  app, online games,  etc.  from
                       unknown sources.

                          Online Transaction Fraud

                     Although at this age, as students, most of us may not be using banking services such as debit card,
                     credit card, net banking, etc., yet it is important to be aware of this type of cybercrime.

                     Online transaction fraud refers to the illegal withdrawing or transferring of money from one bank
                     account to another by a cybercriminal. Online transaction frauds generally take place when a
                     cybercriminal steals a user’s login credentials, bank account details, credit card details, etc.

                     There are many ways used by Cybercriminals to Cheat People Online:

                     Cybercriminals may send e-mails from a fake account that can appear to be from a bank or
                     credit card service provider.
                     Cybercriminals may also fake their identity and call people pretending to be a bank employee to

                     obtain a user’s banking details.

                     Types of Online Transaction Frauds

                     •   Identify Theft: Sometimes, cybercriminals deliberately use someone else’s identity to gain a
                       financial advantage over someone else. Cybercriminals may also pose as someone else to
                       obtain credit and other benefits in the other person's name.

                     •  Job Frauds: Cybercriminals portray incorrect details as an employer.
                     •  Banking Frauds: Some cybercriminals fraudulently obtain money from users for investment by
                       posing as a bank or other financial institution.

                     Measures to Safeguard Ourselves from Online Fraud

                     We can safeguard ourselves from online frauds by keeping in mind the following points:

                     •   Regularly update your banking passwords and Pin of the debit/credit cards.
                     •  Be sure to check for the bank's security certificate details.
                     •   Also check for various signs such as green address line, lock sign on the and HTTPS in the
                       address bar to confirm you are visiting a secure bank website.

                     •   Never share your bank and card details such as online account password, card number, PIN,
                       OTP, etc. with anyone.
                     •   Always check the website URL starts with HTTPS. The website URL with HTTPS encrypts your
                       data on the website and protects it from any kind of tampering.

                     •   Avoid making online transactions using a public Wi-Fi or a computer in a cyber cafe.
                     •   Review the monthly statements of your bank account and credit cards to detect any unrecognised
                       transactions.

                                                                                                       Cyber Security  65

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