Scammers are finding innovative ways to steal money as more customers rely on online transactions for daily payments. Police handling cybercrimes say the practice of using one-time password to extort money has now decreased.
Cybercriminals and fraudsters use innovative like screen-sharing applications to collect account holder information. Customers are deceived by applications similar to those of banks.
After receiving complaints that many people have lost money in this way, banks are warning about fake applications that work like this. Police say that many people have lost lakhs of rupees due to fraudulent sending of fake messages in the name of the electricity boards.
Screen-sharing apps
Fraudsters pretending to be bank officers call bank customers and ask them to download applications. Once the screen sharing is enabled, the fraudsters sitting at a remote place can access information on the customer's phone. They can read your ATM or debit card details and also view the OTP sent to your phone. They get entry code and access the mobile phone and use it do transaction from your account.
While 'OTP frauds' have decreased, police say many have lost money in a cheating spree in the name of the electricity board. Several victims lost lakhs of rupees while attempting online monetary transactions.
This is happening despite the banks warning that they would not ask for personal details or ask to install any apps other than the official apps. RBI and banks authorities advice customers not to share information like expiry dates, CVC, OTP and PIN numbers with anyone.
AnyDesk, Teamviewer, Quicksupport, Remotedroid, TeamViewer host, AirMirror remote control
Airdroid file & remote access, Screen share remote assistant, VNC viewer remote desktop are among the screen sharing apps used by fraudsters.
To be safe, customers are told to ignore all messages and emails and phone calls seeking banking information.

