Beware of the Bank Merger related fraud

Currently, the Government has announced a merger of SBI with some of the associate Banks including SBM.

It is reported that a new fraud has surfaced in which fraudsters are calling associate bank customers and informing them that due to the merger, they need to change their ATM card and collecting the card details to fraudulently withdraw the money.

All Customers are warned not to fall to such fraud attempts.

I also urge Banks and Police to immediately take steps to ensure that the fraudsters donot continue with the fraud.


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About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance
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1 Response to Beware of the Bank Merger related fraud

  1. Balagopala Kurup says:

    Timely advise. Thank You. Balagopala Kurup

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