The booklet aims to create awareness for those who have just started their journey into the digital world and are not that familiar with digital financial transactions
The booklet aims to create awareness for those who have just started their journey into the digital world and are not that familiar with digital financial transactions
To prevent and curb the growing number of cybercrimes, the Reserve Bank of India (RBI) has released a brochure – Be(A)ware – on how financial fraudsters operate, as part of their customer awareness initiatives.
The booklet is intended to sensitize those who have just started their journey into the digital financial world and are not yet very familiar with digital financial transactions. The brochure is aimed at people of different ages, educational levels and backgrounds.
Entitled Raju and the Forty Thieves, the Be(A)ware series is an easy-to-understand visual representation of cyber fraud and helps people protect their hard-earned cash from scammers.
Raju and forty thieves contains 40 stories of fraudulent events. It offers simple tips and dos and don’ts. Raju represents a typical citizen. In the stories he slips into different roles – as a senior, as a carefree person, as a farmer etc.
The booklet was prepared by the RBI Ombudsman for Maharashtra and Goa to spread financial literacy among the people. The brochure was created during the Covid-19 pandemic.
Some of the scenarios covered in the book
1. Phishing link scam
2. Fake annual fee waiver offers for credit cards
3. ATM card skimming scams
4. Screen sharing app scams
5. SIM cloning
6. QR code scan scam
7. Data theft via data cable (juicejacking)
8. Lottery Fraud
9. Online job scams
10. COVID-19 is testing fake online sites
11. Fake vaccination call
12. Public WiFi scam
13. Banking scams using messaging apps
14. Multi-Level Marketing Scam
15. Fake Loan Offer
16. Credit card limit increase
17. Cloning cards in shops/commercial establishments
18. Payment Spoofing Application
