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Big bad news for all AEPS retailers 2024 |cyber crime|#shorts #short#shortsfeed

Cyber Expert Mohit Duhan by Cyber Expert Mohit Duhan
February 1, 2024
0



Big bad news for all AEPS retailers 2024 |cyber crime|#shorts #short#shortsfeed

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Hyderabad: In yet another case of fraud using stolen customer biometrics and details on Aadhaar Enabled Payment System (AePS), cops on Tuesday arrested a man from Bihar for siphoning off money from the account of a victim in Hyderabad.
About six months ago, Cyberabad cops had busted a gang from Telangana and AP running a similar AePS fraud.
Following the latest breach, cops said it is important to use only masked Aadhaar card while submitting it as ID proof and keep Aadhaar biometrics locked.
The current case was registered on December 7 and the probe led the Crime Investigation Department (CID) officials to Kishanganj in Bihar from where Akmal Alam, a customer service point (CSP) agent, was arrested for stealing 24,000 from the city-based victim’s account in a public sector bank.

What Is AEPS?

The Aadhaar-enabled system allows users to withdraw money from their bank accounts using fingerprints. The feature was launched in 2016 in the country and took off during the nationwide lockdown enforced because of the COVID-19 pandemic.
If the person’s bank account and Aadhaar card are linked, they can use the fingerprint data stored in the Aadhaar database to withdraw money.
A user can verify their details on a PoS machine and receive cash. Users can also make deposits, transfer money, receive mini statements and check their bank balance with their fingerprint data.

🤔How to avoid this SCAM?

➡️Don’t use aadhaar biometric Unnecessarily.
➡️ Always use mask Aadhar Card
➡️Lock biometric if it is not using actively.
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