ICICI bank and other banks call for transaction confirmation if it suspects that it is a fraudulent transaction. This is applicable for transactions across all channels like UPI, debit card, credit card, etc
TECH TIPS News: The article highlights the threat of smishing, a form of SMS phishing targeting bank customers. Understanding the tactics used by scam artists and adh
Fraud by bank employees: Many reports of bank employees defrauding customers of the bank. These are the cases where the bank and its customers both are the victims of fraud by the employee(s). In a recent judgement by the SC, it was said that banks would be held liable for criminal misconduct by its employees.
By Neelanjit DasImagine waking up to a notice that your hard-earned money is no longer accessible, all because your bank account or debit/credit card has been blocked.