It is an attempt to 'fish' for your banking details. Phishing could be an e-mail that appears to be from a known institution like banks / a popular website. Please note that banks will never ask for confidential data like login and transaction password, One Time Password (OTP) etc.
Spear phishing is a targeted phishing attempt through an e-mail that appears to come not only from a trusted source, but often from someone in your own company, a superior in many cases, or from a close relative. The subject line address is customized / personalized and often will be one of relevance to either current projects of developments within the company or may be related to a family event. The violation occurs when the user opens the e-mails and clicks on the link attached. Immediately Trojans or malware gets downloaded or a form appears on the screen, in which data needs to be filled in by the recipient.
Website spoofing is the act of creating a website, as a hoax, with the intention of performing fraud. To make spoof sites seem legitimate, phishers use the names, logos, graphics and even code of the actual website. They can even fake the URL that appears in the address field at the top of your browser window and the Padlock icon that appears at the bottom right corner.
Vishing is an attempt of a fraudster to take confidential details from you over a phone call like user id, login & transaction password, OTP (One time password), URN (Unique registration number), Card PIN, Grid card values, CVV or any personal parameters such as date of birth, mother's maiden name. Fraudsters claim to represent banks and attempt to trick customers into providing their personal and financial details over the phone.
Skimming is an act of stealing information through the magnetic strip on the cards that are used in ATMs and merchant establishments. Fraudsters collect information from a credit/debit/ATM card by reading the magnetic strip on the reverse of the card. For doing this, they conceal a small device in the card slot of ATM's or merchant payment terminals. This 'skimmer' scans the card details and stores its information. Tiny strategically positioned camera may also be used to capture the PIN. Skimming can occur in ATMs, restaurants, shops or other locations.
It is a combination of short message service (SMS/ text messaging) and phishing (the act of emailing someone with the intent of obtaining personal information that can be used for identity theft). Messages are being received across the country by cell phone users claiming their accounts are delinquent, need to be updated or even to register for a new program. Links in the message and toll-free telephone numbers are being used for this fraud.
Under SIM swap/exchange, fraudster manages to gets a new SIM card issued for your registered mobile number through the mobile service provider. With the help of the new SIM card fraudster gets OTP & alerts required for doing financial transactions through your bank account.