India’s largest state-run lender State Bank of India (SBI) has issued a warning about ‘phishing links’ to its customers. SBI has alerted its customers not to click on links containing ‘gift from the national bank’ and ‘freebies’ if received on their mobile number or email ID. SBI disclosed that clicking on such links may lead to hackers stealing their personal and confidential details.
SBI posted the advisory for its customers on its official Twitter handle.
"Are you receiving these links in your inbox? Steer Clear! Clicking on these phishing links could lead to loss of your personal and confidential information. Stay alert. Think before you click!"
SBI shared another tip - ‘Free Gift From the National Bank of India? Don't Take the Bait! Beware of Phishing Links Offering freebies.
The link associated with the text messages redirected the user to a fake website and on the landing page, the user was asked to submit personal information along with sensitive financial details like card number, expiry date, card verification value (CVV) and MPIN in a 'State Bank of India Fill Your Details' form.
The bank has been consistently issuing such warnings to its customers against all possible digital scams. SBI had earlier alerted customers regarding the know your customer (KYC) fraud whereby the scammer sends a text message purporting to be a bank or company representative to acquire the customer's personal information.
Many customers are also getting text messages from scammers claiming to be SBI. The bank has advised its customers not to respond to emails, SMS, calls, embedded links asking them to share their personal or banking details like user ID, password, debit card number, PIN, CVV, and OTP.
SBI customers can share details of such phishing, smishing and vishing attempt through email to [email protected]
for action at SBI’s end. They can also call on helpline number 155260 or contact local law enforcement agency to report the incident.
Many users have been receiving such suspicious scammer messages.
In its tweet warning, SBI stated "KYC fraud is real, and it has proliferated across the country. The fraudster sends a text message pretending to be a bank/company representative to get your personal details".
To overcome increasing KYC frauds, SBI has shared three safety tips which are as follows:
Think before you click any link.
The bank never sends links to update the KYC.
Do not share your mobile number and confidential data with anyone.
SBI also sounded a warning about accepting cookies from unauthentic unsafe websites.
Chinese hackers target SBI users via phishing, free gift scams
07 July 2021
In fresh trouble for the State Bank of India (SBI), hackers of Chinese origin are targeting bank users with phishing scams, asking them to update their KYC using a particular website link and offering free gifts worth Rs 50 lakh...
ICICI Bank to Revise Banking Service Charges From 1st August
Moneylife Digital Team
06 July 2021
Close on the heels of revised charges from State Bank of India (SBI), private sector lender ICICI Bank is now rolling out revised limits of cash transactions, ATM interchange and cheque book charges for its savings account holders...
CIC Stay Order Restrains RBI Authority from Sharing Information on Saraswat Bank's NPAs, Defaulters
Moneylife Digital Team
06 July 2021
The central information commission (CIC) has stayed the order of the first appellate authority (FAA) of the Reserve Bank of India (RBI) for the release of information on non-performing assets (NPAs) and top defaulters of the...
New norm to calculate interest on overdue term deposits
05 July 2021
The Reserve Bank of India (RBI) has amended the norms as per which unclaimed maturity proceeds of term deposits (TDs) with banks will attract the rate of interest as applicable to savings accounts or the contracted rate of interest...