We are only conducting Seminars to make Professional Traders. The material published on the blog is of general and educational information only and is not suitable for trading purpose. We do not provide Stock Tips. Please do not make any payment on website. All Material is available Free on the site.

What is Vishing & How to SafeGuard Aginst it?

Frauds are prevalent in every field and banking is one sector where if you do not know about the way banking channel functions; you may end losing quite a bit. These days frauds are being prepetuated through phishing and vishing also

We can say that Vishing is the same as Phishing, except that instead of luring customers via e-mail, the scammers use Voice over IP or a direct telephone call to gain access to your personal details. Please check How to avoid Phishing & Vishing here.

To make it simple we will explain the same with an example like, you might get a call from someone claiming to be an employee of the Bank you have your account in. Citing reasons like unauthorized transactions or standard safety procedures, they might ask you to share your personal and financial details so that they can verify and secure your account.

Once you share your details, they use it to gain access to your account. It is difficult to book people involved in vishing and bring them to justice as it is conducted by voice process.

How to Avoid Vishing?

Such scams are often generated from across borders, so  it is difficult for law enforcement agencies to apprehend such perpetuators of the crime. Make sure that you do not entertain the message or calls that seem suspicious. You should refrain from entertaining any such calls and ensure that you do not share any kinds of details. Remember that your Bank will never make such a call to you. If anything happens just report to your bank. 

Most Visited Stocks - Click to Visit Link

We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9