How To Protect Your Money From Online Fraud | AU Small Finance Bank
Gateway to Digital Life. Download AU 0101.

Tips To Protect Your Money From Online Frauds

    We all love online shopping! However, did you know the website you are visiting for deep discounts may be a fake one? The global counterfeit trade industry is worth nearly 3.3% of global trade today.* But that’s not the only problem. Most counterfeit websites don’t ship fake products – they just steal your money instead.
    As we begin to bank online more comfortably, it is important for us to know how to be safe from Social Engineering Frauds. This is the criminal act of tricking people into disclosing valuable information that enables financial fraud. But, don’t worry… You can easily stay safe by following the points mentioned below.

    Staying Safe Online Is Easy with These 7 Basic Security Tips: 

    1. Never respond to messages or emails, open attachments or click on links in emails from strangers
    2. Enable the spam filter to avoid suspicious emails that might be harmful
    3. Train yourself to not click on clickbait and scam ads online
    4. Never provide your usernames, passwords, PINs, or ID numbers to anyone 
    5. Stay protected from malware by updating your antivirus software regularly 
    6. Always scan any pen-drive before using it
    7. Avoid tech support scams concerning any of your devices

    When Shopping Online, Always Keep These 8 Things in Mind:

    1. Download and install apps only from trusted sources like Google Play Store or Apple App Store. In phone settings, do not enable installation of apps from “untrusted sources.”
    2. Grant only those app permissions which are relevant for the app’s usage
    3. Never use the same password on different online platforms you log onto
    4. Be assured about the domain of the website. Transact only on ‘’HTTPS’’ secured websites. Ensure the website has a padlock. Read up online reviews about the site before shopping from it.
    5. Ensure the e-retail website does not have poor content/spelling or grammar mistakes and contains a genuine About Us/Contact Us section (including address, phone number or email id)
    6. The website should also have a clear Return Policy and a Terms & Conditions section. Double-check this if the discounts sound too good to be true.
    7. Avoid deals that are too good to be true. Latest mobile phones or luxury brands at jaw-dropping rates are very likely to be scams.
    8. Never pay by bank transfer. Paying with a card may offer some protection if things go wrong.
    Don’t let scammers ruin your online or online-shopping experience. Now that you know how to stay safe, follow these tips, and thoroughly enjoy your digital life!

Open Account