SBI Reward Point Scam Alert: Frauds are targeting the customers of State Bank of India. What is it, and how will you save yourself from such an incident? In this case, the modus operandi is that scammers generally send fake messages or emails claiming to be SBI. These messages usually claim some benefit that the customer is going to get or ask the person to take urgent action for redeeming SBI Reward Points.
How They Scam You
Deceptive Links: Victims are induced to click the links provided in the messages, which take them to phishing websites to get their login credentials or other personal information.
Consequences: When accessed, these scammers could hijack victims’ accounts, conduct unauthorized transactions, and initiate fund transfers.
Precautionary Measures
Avoid Clicking Links: Never click the links that come as attachments in unsolicited e-mails or messages, more so if they promise some returns or demand some urgent action.
Verify Sources: Independently verify the authenticity of any message by contacting SBI directly through official channels.
Two-Factor Authentication: Protect your online accounts, including SBI, using two-factor authentication to provide extra security.
Be Informed: Educate yourself about some of the common frauds and methodologies that fraudsters use in order to identify suspicious activity.
Recent Advisories: From the Tamil Nadu Cyber Crime Police to other authorities, advisories have been issued to alert people regarding the increasing cases of SBI Reward Points Scam.
Reporting Incidents: In case of suspicion or if you have become a victim, immediately report the same to SBI’s customer service and file a complaint with your local cybercrime authorities.
Understanding the Modus Operandi
If the customer is aware of these precautions and keeps himself vigilant at all times, he would not fall into the trap laid by such con artists who have a prying eye on reward points and bank accounts of SBI customers.