How are online bank logs stolen?

In the realm of bank card fraud, the “new thing” was the “ATM story,” in which the former customer “forgets” his card in the reader following the transaction. The next customer just takes out his card when it’s his turn, and the ATM also asks that the card be eaten at this point. The “forgetful” owner shows up and returns the card, at which point he checks the balance and confirms that money has been taken out of his account. It’s interesting to note that in addition to the newborn “victim,” there are other “witnesses” as well.

In addition to threatening to call the police, the victim guarantees that it will be simple to demonstrate that the next client’s negligence caused the money loss because fingerprints were still on the card. The ATM narrative is typically set in remote locations with few people, and the victim is selected from among those who, when coerced, are able to flee and donate money; typically, these are elderly individuals.

In such circumstances, bank workers advise not touching someone else’s card and to wait for the ATM to swallow it. If the client took someone else’s card, you should resist the urge to give in and call the police yourself. Since the bank records all financial transactions and the ATMs have cameras, the scammers will be unable to prove anything and will probably vanish before the police arrive. In addition to checking the security of the video and giving the bank the address of the ATM, you can attempt to capture the faces of the scammers on camera so you can later notify the police.

Fraud at the Terminal ( How are online bank logs stolen? )

An other method of “terminal” fraud involves an attacker initiating a transaction on the terminal without a card, leaving without finishing it, and selecting a card-based payment option. The terminal gives the next customer 90 seconds to finish the process, after which money will be taken out of his account if he inserts his card. Pay attention to whether the inscription insert card is lit on the terminal; if it is, record the incomplete operation to avoid falling for this trick.

Offering money to the so-called “mirror” account—where fictitious bank workers contact and alert you that someone is attempting to access your account—is one of the emerging techniques of remote fraud. Furthermore, the scammers merely offer to transfer money to an account that is specifically opened for such circumstances without attempting to obtain any SMS codes or other information; in other words, a person voluntarily transfers money to scammers.

The practice of fraud is becoming more popular when unidentified individuals phone, pose as law enforcement, and claim that someone is entitled to payment, for instance, for taking part in financial pyramids or purchasing medical supplies. For example, one pensioner was told that they could receive up to $1 million in compensation. Thus, the woman sent about $1,500 to the scammers for fictitious office costs, court legal fees, certificates of poor health, money delivery through collection, a lawyer, 13% tax fees, and other fictitious charges. Additionally, the woman had to use credit to obtain this money. Logs from banks

Logins to bank accounts

When someone pays in advance but ends up with nothing, or when the seller is cleaned out with a bank card information purportedly to make a transfer, a significant percentage of fraudulent actions are connected to the buying and selling of goods on well-known websites. The same is true for thieves, who create distinct websites or sales groups on social networks.

When thieves call from numbers that are exactly the same as credit companies’ call centers and pose as bank security agents, they are committing IP-telephony theft of bank accounts. Following notification that suspicious transactions have been made on the card, the customer is invited to get in touch with a bank employee. The staff, citing a server fault, then shows the customer’s bank card details, including the number and CVV code, along with information for accessing their personal bank account. The most challenging part of solving such crimes is that these organized groups typically operate in different areas and pose as call centers.

Logins to Bank Accounts

A significant amount of fraudulent activity involves buying and selling products on well-known websites, when someone sends money in advance but ends up with nothing, or when a seller gets credited with a bank card number that is purportedly used to complete a payment. SimilarTheft is obtained using IP-telephony, in which criminals pose as bank security officials and call from numbers that are exactly the same as those of credit companies’ call centers. The customer is notified that there have been suspicious transactions on the card and is invited to get in touch with a bank employee. The staff then presents the bank card details, including the number and CVV code, along with information for accessing your personal bank account, citing a server failure. Since these coordinated gangs typically operate in foreign regions and pose as call centers, solving such crimes is very challenging. to this, thieves use social networks to create distinct websites or sales groups.

Using a Prize Draw to Gather Bank Logs

The Central Bank’s Center for Monitoring and Responding to Computer Attacks in the Credit and Financial Sphere blacklisted 4,936 numbers that were used to send and receive fraudulent emails and phone calls between September 2018 and September 2019. The number of these numbers has climbed 38 times during the same period in 2017–2018.

Scammers continue to use the prize draw approach, in which an attacker notifies a victim via SMS, social media, or phone that he has won a substantial prize in a well-known company’s lottery. The victim’s only options are to either get the prize or pay for sending it. Criminals also obtain victims’ bank account information during contact, which they then use to steal money.
Malicious apps that enable fraudsters to remotely access banking apps and personal accounts in order to steal money are frequently installed on people’s phones. The Central Bank has blacklisted over 780,000 of these websites in the last 12 months, from September 2018 to September 2019.

You should never give out your bank card information to a third party, the police advise you. Furthermore, you should disregard SMS texts claiming that your bank card has been blocked because bank staff already know the numbers and details of your accounts and cards and will never ask for them.

Reporters were informed by a police officer who requested anonymity that the authorities were able to file multiple criminal charges based on distance fraud evidence in 2019.

The accused then sent out messages saying, “Two thousand dollars were successfully written off from your card.” He then pretended to be a bank employee and asked subscribers for their bank card information. Despite the fact that he has already been found guilty of ten instances of fraud, authorities are anticipating more criminal proceedings because victim testimonials are still coming in.
Another criminal complaint was filed against a group of people who are alleged to have committed ten instances of distance fraud under the guise of online sales of various commodities.