New Delhi, Oct. 20 -- Cyber fraudsters often impersonate bank, ED, RBI and police officials to trick customers into sharing confidential information such as OTPs, CVVs and ATM PINs. They use fear and urgency to pressure victims, then use the details to carry out unauthorised transactions, often causing serious financial loss.

In a recent case, the Kerala High Court directed the State Bank of India (SBI) to refund Rs.3.73 lakh to a retired college principal after an unauthorised transaction was made on her debit card. The ruling highlights the importance of promptly reporting fraud, staying vigilant, and understanding your rights as a customer. The case was reported by The Indian Express.

According to the report, the victim received an S...