To Prevent growing cyber crimes :RBI comes up with a booklet Raju and the forty thieves to save you from cyber fraud

Pramesh S Jain & Dr B Thomas (Special correspondent)

 

Some fraud/ scam scenarios include:
• Fraud through phishing links
• Fake offers of credit card annual fee waiver
• ATM cards’ skimming frauds
• Frauds using screen sharing apps
• SIM cloning
• Scam through QR code scan
• Stealing data through data cable (juice jacking)
• Lottery fraud
• Online job fraud
• COVID testing fake online sites
Fraud using public Wi-Fi
• Fake Vaccination call
• Message app banking fraud
• Multi-level marketing scam
• Fake loan offer
• Credit card limit upgradation
• Card cloning at shops/ commercial establishments
• Payment spoofing application .

 

To prevent and contain growing cyber crimes,the Reserve Bank of India (RBI) has brought out a booklet –Be(A)ware on the modus operandi of financial fraudsters,as part of its customer awareness initiatives.

The booklet aims to create awareness among those who have just begun their journey into digital financial world,and are not so well versed with financial transactions.

This includes people from across different ages, education levels,and different backgrounds.

The Be(A)ware series titled “Raju and the Forty Thieves”is an easily understandable pictorial depiction of cyber frauds happening around,and helps people to keep their hard earned money safe from fraudsters.

Raju and Forty Thieves contains 40 stories giving details of fraudulent events being reported and provides simple tips about Dos and Don’ts.

Raju is a typical citizen–in these stories,he appears in different roles –senior citizen, happy-go-lucky person,farmer.

The booklet was prepared by RBI Ombudsman, Maharashtra and Goa,to spread financial literacy among people.The booklet was prepared during Covid.