THE MONEY LOOK: Be careful if you get the form-16 mail, you can be a victim of cyber fraud

Wednesday, December 27, 2023

Be careful if you get the form-16 mail, you can be a victim of cyber fraud

Be careful if you get the form-16 mail, you can be a victim of cyber fraud

Thugs contact people of office together through e-mail, personal information is sought after clicking on the given link.
Cyber thugs have now started cheating in the name of Form-16 as well. In the latest cases, all the people of the offices are contacted simultaneously through e-mail on behalf of such gangs. This email appears to have been sent by the HR department. On clicking them, people are asked for their personal information. Hindustan has seen e-mails sent to employees in a private company. The e-mail states that the Income Tax Department has introduced a new system for Form-16, for which it can be downloaded by clicking on the given link. As soon as a person clicks on the given link, he takes it to a page where people are asked for all personal information including Aadhaar card, PAN card, bank details.

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This is how information reaches

In the opinion of experts, cyber thugs have started an exercise to make people more victims due to the increasing need for work from home in the corona epidemic. The country's National Cyber Security Coordinator Rajesh Pant said that such people send email links only with similar names of the institute. On clicking those links, the system of people gets hacked, which transmits all the information that was present at that time to the thugs. According to him, in many cases it is also seen that a bug is installed in the mobile or computer as soon as the link is clicked, which keeps sending information about the entire system even later. In such a situation, whenever a person conducts his banking transactions, the chances of his getting victim increases.
Taking advantage of less secure internet.

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Due to Corona epidemic, now all institutions are sending Form-16 to the people through email. Usually, it was taken from the computers installed in the institute through the office server, which was more secure. Due to the epidemic, the fraud business has started increasing by taking advantage of the less secure Internet and WiFi services of the people in the system of work from home.

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Income tax department appeal.

The Income Tax Department and the Reserve Bank are also running a campaign to appeal to the people not to come across any such link. Not only this, the Reserve Bank is also continuously running awareness campaigns for the people that any link should be opened only after being assured after watching it carefully. Also, do not share your essential personal and bank related information. According to experts, cyber thugs collect important information related to them and sell them on the dark web. From there, cyber gangs spread all over the world keep hunting people.

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Thugs contact people of office together through e-mail, personal information is sought after clicking on the given link. In the latest cases, all the people of the offices are contacted simultaneously through e-mail on behalf of such gangs. The e-mail states that the Income Tax Department has introduced a new system for Form-16, for which it can be downloaded by clicking on the given link. In the opinion of experts, cyber thugs have started an exercise to make people more victims due to the increasing need for work from home in the corona epidemic. On clicking those links, the system of people gets hacked, which transmits all the information that was present at that time to the thugs. According to him, in many cases it is also seen that a bug is installed in the mobile or computer as soon as the link is clicked, which keeps sending information about the entire system even later. Due to Corona epidemic, now all institutions are sending Form-16 to the people through email. Due to the epidemic, the fraud business has started increasing by taking advantage of the less secure Internet and WiFi services of the people in the system of work from home. The Income Tax Department and the Reserve Bank are also running a campaign to appeal to the people not to come across any such link. According to experts, cyber thugs collect important information related to them and sell them on the dark web.

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FAQ

What steps you should take if you are a victim of a cyber crime?

If you fall victim to a cybercrime, swift and strategic actions are crucial to mitigate damage and secure your digital presence. Firstly, report the incident to law enforcement agencies and provide detailed information. Change all compromised passwords immediately, employing strong, unique combinations for each account. Inform your bank and monitor financial transactions for any unauthorized activity. Run a comprehensive antivirus scan on your devices to detect and remove malware. Be cautious of phishing attempts and avoid clicking on suspicious links. Strengthen your online security with two-factor authentication where available. Regularly update software and employ firewalls to fortify your digital defenses. Seek professional assistance to restore compromised data and consider credit monitoring services for added protection.

What will be the first step for a cyber crime victim?

For a cybercrime victim, the initial step is crucial in minimizing damage and reclaiming control. Start by disconnecting compromised devices from the internet to prevent further infiltration. Immediately change passwords for affected accounts, using strong, unique combinations. Report the incident to the relevant authorities, such as local law enforcement and cybercrime reporting platforms. Preserve evidence by documenting details of the attack and taking screenshots. Notify your bank and other financial institutions if necessary, and monitor accounts for any suspicious activity. Seeking guidance from cybersecurity professionals can also aid in understanding the scope of the breach and formulating a comprehensive recovery plan.

What happens after filing cyber crime complaint?

After filing a cybercrime complaint, authorities initiate an investigation to trace the perpetrators and gather evidence. Depending on the severity and jurisdiction, specialized cybercrime units or agencies may be involved. Victims are usually provided with a complaint reference number for tracking. While investigations proceed, victims must cooperate by providing additional information as requested. The legal process may lead to identifying and apprehending the culprits. Simultaneously, victims should take steps to secure their digital assets, update security measures, and stay vigilant for potential follow-up attacks. Timely communication with law enforcement and adherence to their guidance are essential for a successful resolution.