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What is Phishing?
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It is the fraudulent attempt to obtain sensitive information such as usernames, passwords, and credit card details (and money), often for malicious reasons, by disguising as a trustworthy entity in an electronic communication.
The Police have received reports where victims were cheated into providing their personal information and credit card details on phishing websites or over the phone after responding to online advertisements or Short Message Services (SMSes) that were purportedly from DBS Bank or OCBC Bank.
The victims later realised that unauthorised transactions in various foreign currencies were made to their credit cards.
How to prevent?
- Check the URL of the website if its correct before entering anything.
- Do not click on links that are unknown especially from the email.
- Ask for another person advise before proceeding with keying any information on the website.
- Call up the bank and check.