Category Archives: fraud

SAFE ONLINE FINANCIAL ACTIVITY -Virtual Credit Card – Create Instantly & Use for Online Transactions

We hear, hope you too have heard sometime somewhere about credit card frauds going on day today online workings, and yet  we are sure about our credit cards are fully secure  However, this is really far from the truth,To avoid online frauds and to do safe marketing as well, virtual credit card are good options. Create one of desired amount , go for the payment, clear it and the same got expired within specific time without any chance of misuse.

Real Life Situations where Virtual Credit Card is found useful ?

When you are transacting on a website, where you do not feel very confident about security, but still you have to transact anyways due to some reason.

When any friend of yours ask you for your credit card, where you want to “NO” , but still can’t say NO. You can now create a virtual credit card and give the details to him.

When you do not have a real credit card, but only have a net-banking facility, you can still create virtual credit cards and use them.

You can also use these virtual cards where you just want to try out the service , but by default the website starts charging the card on renewal basis. If you use virtual card, it will anyways get cancelled after one use and there will be no renewal charges later – Here is a real experience

HELLO FRIENDS , THIS IS JAGAT

To make online shopping safer and a real world consumer experience, VIRTUAL CREDIT CARD is a good option. A virtual credit card (VCC) is an add-on credit card issued on your primary credit card; only it’s virtual and does not have any plastic existence. You can instantly create it, using your net-banking facility by providing your credit card or debit card details. All relevant details like the card number, the ‘VALID FROM’ date, the expiry date and the CVV number are visible online to you and this virtual credit card enables you to transact online as same as your oringinal credit card with limit of your choice. Also the virtual card does not have any fee associated with it in most of the cases!

your primary card details are never shared with the merchant online, so you never have to be worried about losing your card or having to carry it ‘safely’ in your wallet.

Validity of the virtual card ?

The virtual credit card is valid only for a single use and automatically expires within 24 hours if the virtual credit card is not used, which means that the chances of frauds and misuse of credit card. are significantly lower than a real credit card. Also understand the if you hold a VISA card, then the virtual card which you will get will be VISA one and if it’s Master Card, then it’s going to obviously be a Master card.

Can you create Virtual Credit Cards using a Debit Card?

Not significantly, Some banks offer VCC by using Debit card but not all.

Hope this information is useful in any case.

Best wishes

 

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What is “Phishing” and “How to avoid Phishing”

Dear friends,

How are you,hope you will be fine definitely,

I am going to share my knowledge with you about “PHISHING”. Basically it sounds typical that of fishing and work same like a catcher puts a catch to lure a fish similarly a hacker puts a lure to inspire you to click on the link or attachment which seems to came from one of your own mail contacts list. when you click on the link a page very much imitate of that of login page of gmail, yahoo, rediff or else pops up and ask you to login for further proceedings and when you put your credentials into it, your username and password passes to the hands of cyber criminals and you just phished off..

Yesterday  I had gone through a news in which it was alerted that “A new highly effective phishing technique is targeting Gmail users, along with other email services”

Mark Maunder, the CEO of WordPress security plugin Wordfence, says the attacker will send an email to your Gmail account. That email may come from someone you know who has had their account hacked using this technique. It may also include something that looks like an image of an attachment you recognize from the sender.

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If you click on the image, expecting Gmail to give you a preview of the attachment, a new tab will open up, prompting you to sign in to your Gmail account again. At first glance, the location looks like a service login page, but it is actually a phishing attempt.A sign-in page for Gmail pops-up. Once you complete sign-in, you account has been compromised. Once they have access to your account, the attacker also has full access to all your emails including sent and received at this point and may download the whole lot. and the same thing repeats with the contacts downloaded or copied from your mail account and the process keeps on moving and expanding.

Phishing is quite familiar  with a group of computer geeks known as hackers and those who prefer crime through cyber space, as it is far easier to trick someone into clicking a malicious link in a seemingly legitimate email than trying to break through a computer’s defenses by putting malware on your system or steal your credentials.

Spear fishing ,Whaling ,email Spoofing – sometimes individually or sometimes combined  used by the attacker to bring the target under impression of faith so that he/she submits before the attacker’s technique.

Spoofing is forgery of email header appearing to be orginated from somewhere by someone from other source and tactics is used in phishing. Main aim of email spoofing is to force targets to open, and possibly even respond to, a solicitation.

Spear phishing is targeting particular organization  and cannot be done by individual hacker but can be performed through perpetrators out of gains.

Whaling in which high profile individuals like CEOs, celebrities, corporate tycoons and politicians emails are targeted.

Hacker in original sends you a script in the form of attachment when attachment is clicked a new page opens in which it asks to log in and when person logs into nothing happens but the entered data is saved and transferred to the hacker through that very script.

Question arises then How is one safe from such kind of fraud , in this case one has to be alert when such spoofs occurred. When you sign in to page of any service, check the browser location url bar and verify there isn’t any extra text mostly in the form of

<script src=data.text/html/https://,,,,,,,,,,,something like that, then definitely it is fake page from one of the cyber crime world.

always use https: ,,in url entries

But safety is better than cure. keeps on changing your password every while and then, if your email contains some sensitive or urgent useful data.

Service providers too bring two step verification methods which helps to protect your emails.

The field is vast but ‘

Hope this helps you to understand a part of hacker’s one of the styles to peep into your accounts.

Thanks

Jagat