How to protect yourself from phishing attacks

Cybercriminals use phishing attacks to deceive consumers and steal money from their bank accounts.

Here are some online banking safety measures to keep you safe from con artists.

For hundreds of millions around the world, going online to buy things or just send money to family and friends has been a boon. However, there has been a negative impact that has resulted in many people losing money. Many people have switched to internet banking or net banking, but because they are unfamiliar with the medium, hackers might use phishing attacks to mislead users into doing the incorrect thing.


Mistakes are made, and there is a cost associated with them. Honest mistakes, on the other hand, can be corrected, yet there are cybercriminals out there looking for fresh victims to steal money from. Those who are unfamiliar with their operating procedures or who place their faith in strangers pay the repercussions. Phishing is a technique used by scammers to steal money from people who bank online. There are almost no dangers involved. Trickery and deception are key to the crime. It mostly has to do with making large promises and appealing to avarice in order to pull off the crime successfully.


Phishing attacks, on the other hand, can be avoided by individuals who are cautious. They should be able to see through these con artists’ schemes and avoid being robbed by them. Here’s how to protect yourself from phishing attacks. Check these points thoroughly; they may save you from a major loss in the future.


How do cybercriminals work?

  1. The goal of cybercriminals is to obtain the private data (usernames/passwords/OTP) of bank account holders.


  1. The standard operating procedure is to send an email. This can be done using Gmail/Outlook, for example.


  1. This ‘spam’ email will appear to be identical to one delivered from your bank. It is, however, a forged email.


  1. The crooks want the recipient to click the email’s link.


  1. They then instruct the recipient of the email to enter their user ID and password on the webpage that appears.


  1. Users are instructed to click on these links in order to receive a huge reward or discount.


  1. Account suspension worry is sometimes faked in order to obtain the user’s secret account info.


How to protect yourself from phishing attacks

  1. First, look at the website’s link (URL) in your email. It will resemble your bank but will not be identical.


  1. You should also double-check the URL to see if it has the’s’ in https://. This is an acronym for secure.


  1. Fake banks or organizations wouldn’t be using. This http:// will be the most common.


  1. If you receive such phishing emails, do not click on any of the links contained in them.


  1. Never give out your username or password on any suspicious websites.


  1. No genuine bank or firm will ever ask for your login or password, and those that do are attempting to defraud you.


Finally, your Internet banking or phone banking usernames and passwords are strictly confidential and should not be shared with anybody, including family members. In fact, if you receive a phone call from someone pretending to be from your bank and asking for your username/password or even an OTP, be wary. Simply follow these guidelines, and you’ll be well on your way to avoiding significant losses and abuse.


You might also like:

Microsoft remains the most impersonated brand in phishing attacks

Beware of Phishing attacks! Here’s what you can do to save yourself