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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.

                 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.

                                               Never install pirated software on your mobile
                                               or computer. It is not only illegal but may also
                                                   compromise security of your devices.
                                                                                      Avoid making online
                         Be sure to check for the bank's
                                                                                transactions using a public Wi-Fi
                            security certificate details.
                                                                                  or a computer in a cyber cafe.
                                                             Some tips to
                             Regularly update your          safeguard from
                         banking passwords and Pin of           online            Always check the website
                                                                                   URL starts with HTTPS.
                             the debit/credit cards.          transaction
                                                                frauds



                                                  Never share your bank and card details
                                                  such as online account password, card
                                                   number, PIN, OTP, etc. with anyone.

                                                                                           #Digital Literacy
                      Let’s CatCh Up


                   Define the following:
                   a.  Spamming -            _____________________________________________________________________

                   b.  Cyberbullying -       _____________________________________________________________________
                   c.  Phishing -            _____________________________________________________________________

                   d.  Hacking -             _____________________________________________________________________




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                                                                         Ethics and Safety Measures in Computing
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