Online Banking Frauds – An Overview
Dr.A. Dharmendran · Figshare · 2020
Online Banking Fraud is a fraud or theft committed using online technology to illegally remove money from a bank account and/or transfer money to an account in a different bank. Online Banking Fraud is a form of identity theft and is usually made possible through techniques such as phishing. Now online banking is widely used to check account details, make purchases, pay bills, transfer funds, print statements etc. Generally, the user identity is the customer identity number and password is provided to secure transactions. But due to some ignorance or silly mistakes you can easily fall into the trap of cyber criminals.