New Delhi, July 1 -- Cybercriminals are increasingly targeting retirees by exploiting routine pension processes such as life certificate submissions and updates. A single click on a fake link can expose sensitive banking details- including OTPs, CVVs, PINs - giving scammers direct access to the victims' accounts.

In Bhubaneswar, a retired bank employee lost Rs.8.5 lakh after clicking on a fraudulent fake link disguised as a message from his bank. Police later arrested three members of an interstate cyber fraud syndicate, reported The New Indian Express.

Fraudsters typically send SMS or WhatsApp messages posing as banking or government officials and urge. They urge pensioners to urgently update their life certificates to ensure timely pe...