Higher levels of banking fraud in the internet sector

[timewo]

Why are higher levels of banking fraud prevalent in the internet sector in some countries, with housewives falsely claiming to own bank accounts to get government salaries ?

 

[Hate2Wait]

Bank frauds are on the rise because these days many like free money even if it involves scamming other person so we need to be careful about this.

 

[Shavkat]

Fake bank calls that are intended to steal your card information or PIN number. Fake emails with malicious attachments that steal your computer's financial data. These are common phishing ways to scam innocent people.

 

[gammarays]

Why are higher levels of banking fraud prevalent in the internet sector in some countries, with housewives falsely claiming to own bank accounts to get government salaries ?

It's prevalent everywhere because of the high rate of unemployment. People also see it as a quick way to earn some quick bucks. The world is getting worse daily.

 

[Stardom22]

Be ware when dealing with money matters especially online where you interact with unknown people to you.

 

[Bisolami]

We face issues like this in my country on a daily basis. It is too much

Why are higher levels of banking fraud prevalent in the internet sector in some countries, with housewives falsely claiming to own bank accounts to get government salaries

 

[Starmix]

There are many bank frauds during this pandemic. They take advantage of people's need for money. There are also health insurances, fake .

 

[flower]

The fraudsters are really in top gear and they are looking for where they can make money very quickly for themselves that is why they kept hacking Banks.

 

[Carson20t]

This is so right that alot of people just want to steal momey for people unlike get to work for it.So it is very important that we put up high end security features that can make us be protected to some degree.Be careful now because alot of peoplew have really started targetted theft where they study you and help gain your trust even to the extent of investing a little with a view of scamming big.

 

[eldavis]

Well though this does not justify thier actions but things are pretty touch, to the point that people no longer work with their conscience, all they want is to make money.

 

[Stardom22]

That's why in the internet is never a secured place for making transactions. There are many ways that can be used by the perpetrators to steal from the innocents on the web.So people must remain extra vigilant on that.

 

[arunima]

Scammers and hackers are always a step ahead. Banks are moving more and more towards digitalization. People are using more of digital transactions. Every now and then we hear of frauds and the banks work on security. But then hackers always find a way ahead.

 

[SHAHID987]

In my view it is better to operate our banks by physically going there because online banking or banking through internet becomes much more risky a lot of many reports are there as people are cheated by scammers.

 

[Bisolami]

Well though this does not justify thier actions but things are pretty touch, to the point that people no longer work with their conscience, all they want is to make money.

People just want to make money and they do not mind doing illegal jobs

 

[Stardom22]

The internet is flooded by fraudulent. This is because we oftenly deal with unknown people on the internet and making online transactions with them becomes very risky so much that we can't no longer control it.

 

[Niyi Briggs]

Fraud is easier to carry out on the internet. That's because on the internet, people are anonymous. You can claim to be anything online. Add that to hacking, and you would see why one needs to be careful banking on the internet.

 

[relcap23]

It's not advisable to just click on some financial links especially those found in social media. Banks already made a pronouncement to be careful with scammers.

 

[Starmix]

This problem seems forever. We do not see fraudsters. They are outside the screens of our computers hiding and lurking more than a deadly virus. A virus could be cured but scammers never be cured.

 

[IB D]

This problem seems forever. We do not see fraudsters. They are outside the screens of our computers hiding and lurking more than a deadly virus. A virus could be cured but scammers never be cured.

You captured it perfectly. There is antidote for a virus. The scammer is moving from one loophole to another to defraud you. One just has to be careful online.

 

[relcap23]

This problem seems forever. We do not see fraudsters. They are outside the screens of our computers hiding and lurking more than a deadly virus. A virus could be cured but scammers never be cured.

They exist both offline and online. It's rampant online because they have access to more people.