February 22, 2018

Sreekanth B

Most Common Latest Types of Online Mobile Fraud

Fake Mobile Banking apps:

Criminals may develop and publish fake mobile banking applications that look like official Bank apps but are in truth designed to steal your Online Banking credentials. Here are tips for recognizing an unofficial Bank app:
The developer or author of the application is not Bank

The app is being promoted on a third-party site, somewhere other than the official app store for your mobile device

There is a charge for downloading the app Bank does not currently charge for mobile app downloads

To help protect your accounts and information, never download or install a Bank Mobile Banking app if you spot any of these warning signs.


SMShing and smishing are like phishing (which typically happens via email), but take place via SMS text message. A criminal sends you a text message that tries to trick you into replying with financial or personal information or clicking on links that will sneak viruses onto your mobile device. Don't respond to a text message that requests personal or financial information. Bank will never ask you to provide your information in this way.

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Lost and stolen devices:

Mobile phones and tablet devices offer convenience, but they're also easy to lose or steal, which can put your information at risk. Here are some ways you can protect yourself now in the event your device is lost or stolen later:
Password-protect your device so it can’t be accessed unless the password is entered
Enable an automatic screen-locking mechanism to lock the device when it’s not actively being used
Consider using a remote wipe program that gives you the ability to send a command to your device that will delete any data
Keep a record of the device's make, model and serial number in case it's stolen

Traditional online threats:

Viruses, malware and other programs intended to steal your personal information or financial details are able to infect some mobile devices. If your tablet supports a traditional anti-virus product, consider installing that software. Backup the device's data and keep the copy in a safe and secure location. This will allow you to restore your data in the event you need to wipe the device clean in order to remove a harmful software threat.

Latest Online Mobile Fraud | Online Mobile Fraud  | Latest Online Banking Fraud

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