'Think before your click!' Why SBI says this to its customers? Check details here

The State Bank of India (SBI) has warned its customers against falling into phishing attacks. Ever received any message saying that you have won a tempting gift from a national bank? Well, never fall for that bait or else you can end up losing your money.  

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The largest public sector bank in the country has alerted its customers about these security threats on its official Twitter handle. The tweet said: "Are you receiving these links in your inbox? Steer Clear! Clicking on these phishing links could lead to loss of your personal and confidential information. Stay alert. Think before you click!" 

Are you receiving these links in your inbox? Steer Clear! Clicking on these phishing links could lead to loss of your personal and confidential information. Stay alert. Think before you click!#ThinkBeforeYouClick #StayAlert #StaySafe #CyberSafety pic.twitter.com/e9v3E31Nny

— State Bank of India (@TheOfficialSBI) October 17, 2021

Phishing attacks use both social engineering and technical subterfuge to steal customers' personal identity data and financial account credentials. The SBI customers must be aware of the below given process by which the phishing attacks take place. 

1) Internet banking user receives a fraudulent e-mail seemingly from a legitimate Internet address. 

2) The email invites the user to click on a hyperlink provided in the mail. 

3) User clicks the hyperlink and is redirected to a fake web site that looks similar to the genuine Internet banking site. 

4) Usually, the email will either promise a reward on compliance or warn of an impending penalty on non-compliance. 

5) User is asked to provide confidential information, such as login/profile or transaction passwords and bank account numbers etc. 

6) User provides the details in good faith and clicks on 'submit' button. 

7) User is displayed an error page 

8) User has fallen prey to a phishing attack. 

One must not click on any link, which has come through e-mail from an unknown source. It may contain malicious code or could be a 'Phishing attack'. One must not provide any information on the page that has come up as a pop-up window. The bank customers must remember the fact that information like password, PIN, TIN, etc are strictly confidential and are not known even to employees/service personnel of the Bank. Therefore, one must never divulge such information even if asked for. 

For more information, one can login to the SBI website at onlinesbi.com