How to lock your Aadhaar Biometric details: Top tips to avoid identity theft, AePS scam
Read More: Now, international transactions above Rs 50,000 to come under further scrutiny
India is witnessing a worrying trend of spurt in financial frauds. An IIT-Kanpur study shows that between January 2020 and June 2023, financial scams accounted for more than 75 per cent of all the cybercrimes that were reported in the country. Most of these financial scams were related to digital banking and UPI payments. Nowadays, cyber criminals have begun to target people by using the fault in the newly-launched Aadhaar-enabled Payment System (AePS). The scariest part of this kind of scam is that the victim won’t get any prompt such as an OTP or a link or a mail. Criminals can simply steal all your money by accessing the biometric details registered for Aadhaar cards. Scammers get hold of the fingerprint details thereby getting the name of the bank and account details of the victim. The worst part is that people, who are targeted in AePS scam, don’t even get an SMS when the money is debited from their bank accounts.
Scammers are often looking for their victims at hotels, photocopy shops and local cyber cafes as these are the places where people usually submit their Aadhaar details. Once they get hold of the Aadhaar details, cybercriminals often stalk their victims to get the details of their bank accounts. The most critical aspect of this scam is fingerprint details. Reports say that criminals look for fingerprint details at government offices such as registry offices etc where people need to submit their fingerprints for record purpose. Silicon thumbs are used to take the fingerprints, which are then used to withdraw money from victim’s account by using AePS.
