New Delhi, May 28 -- Digital banking has made financial transactions faster, seamless and more comfortable. Still, the growing use of digital banking, online fund transfer platforms, UPI payments and mobile wallets has also increased the risk of cyber fraud in the country.

The reason for this is that scammers are constantly finding new ways to steal confidential information, critical data and banking details, making awareness the first step towards protecting both an individual's finances and peace of mind.

For example, recently, after a massive Rs.13-crore digital arrest scam, a former Delhi judge explained that there is no such thing as 'digital arrest' and that any such attempt is illegal.

To put it simply, digital banking fraud is ...