Aftab Shivdasani’s ₹1.50 Lakh KYC Fraud: How to Stay Safe from Cyber Scams

Aftab Shivdasani

In recent news, Bollywood actor Aftab Shivdasani became a victim of a KYC fraud, losing a staggering ₹1.50 lakh. This incident has raised concerns about the security of online transactions and the importance of staying vigilant in the digital age.

On a fateful Sunday, Shivdasani received a text message from an unknown mobile number, urging him to update his Know Your Customer (KYC) details linked to a leading private sector bank. The message warned that failure to comply would result in the suspension of his account. Concerned, Shivdasani clicked on the link provided in the message, following the instructions diligently. However, what followed was nothing short of a nightmare—he received a message confirming that ₹1,49,999 had been debited from his account.

Panicked but determined to resolve the situation, the actor promptly contacted the bank’s branch manager on Monday. Following the manager’s advice, he filed a police complaint. The authorities swiftly registered a case under sections of the Indian Penal Code (IPC), including 420 (cheating), and relevant sections of the Information Technology (IT) Act. An ongoing investigation seeks to bring the culprits to justice.

This unfortunate incident serves as a stark reminder that cyber fraud can target anyone, even public figures like Aftab Shivdasani. To avoid falling victim to similar scams, here are some crucial cybersecurity tips:

  1. Verify the Source: Always double-check the sender’s identity, especially if you receive unsolicited messages or emails requesting personal information.
  2. Never Share Sensitive Data: Your bank or financial institution will never ask for sensitive information like passwords or PINs via text or email.
  3. Use Official Channels: When updating KYC details or conducting financial transactions, use the official website or app of your bank.
  4. Beware of Phishing Links: Be cautious of clicking on links in unsolicited messages. Hover over the link to see the actual URL before clicking.
  5. Regularly Monitor Your Account: Frequently check your bank statements for any unauthorized transactions.
  6. Enable Two-Factor Authentication (2FA): Whenever possible, activate 2FA for an extra layer of security.
  7. Educate Yourself: Stay informed about the latest scams and fraud tactics.

By following these guidelines and staying informed, you can significantly reduce the risk of falling victim to KYC fraud or any other cyber scams. Remember that vigilance is your best defense in the digital world.

Stay safe, stay secure!