“While a majority of people are aware of such frauds and disconnect the calls, a few think they are true and share their ATM card details. Terms explainedVishing - Fraudsters try to seek personal information like customer IDs, net banking passwords, ATM card details, etc., through phone calls. They get one-time passwords (OTP) and other alerts on this SIM card to make financial transactions in a victim's bank account. Phishing - Use of stolen personal information like customer IDs, iPINs and credit/debit card details by sending emails that appear to be from a legitimate source. They may also attempt to trick him/her into divulging bank account or credit card details.

Source: The Hindu December 05, 2020 21:29 UTC