Phishing is an attempt by fraudsters to "fish" for your personal and confidential information, like User ID, Password, etc. through e-mails. This information is then used to take money out of your bank account through a funds transfer.
DO's and DON'Ts
- Always type the website address. Be wary of clicking on links; they could lead to false websites.
- Do not transact or share confidential data on non-https websites.
- Do not enter your confidential data in any window that may pop-up while you are carrying out a financial transaction online.
- Do not open e-mails or attachments in e-mails sent from people you don't know.