State Bank of India warns customers against online fraud

The State Bank of India (SBI) have informed its customers to not fall for online fraud which has been on the rise. Taking to micro-blogging site Twitter, SBI requested customers to be careful and vigilant. “SBI customers are requested to be alert on Social Media and not fall for any misleading and fake messages,” the country’s top lender tweeted.

“We request our customers to be cautious of fake/ misleading messages circulating on social media purportedly on behalf of SBI,” the bank further added.

The bank also shared a 20-second video clip asking customers to not share confidential details online. “Be vigilant, be safe. While interacting with us on social media, please check account verification and do not share confidential details online,” SBI tweeted along with the video.

Last month as well, SBI updated its customers about safety measures they should take to tackle banking frauds amidst rising cases of fraudsters looking to target customers who are now engaging in online transactions amidst the COVID-19 pandemic.

In the video, SBI mentions two steps to verify their social media account:

Step 1: Check for page verification badges on each platform.

Step 2: Avoid sharing details with page impersonating as SBI and prevent and prevent fraud.

State Bank of India (SBI), the country’s largest public sector bank, had earlier issued an alert for customers. Customers need to be careful amidst increasing fraud incidents. Frauds are not only happening through online transactions but also through ATMs. SBI has given some advice to its customers to keep their accounts secure.

SBI has warned to avoid phishing, and you should not make mistakes during the festive season. SBI has given safe banking tips to customers and has told which five mistakes not to make.

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