With the rise in digital transactions, financial fraud has increased significantly. According to the RBI Annual Report 2025-26, card and internet frauds account for 74% of total reported fraud cases. SBI Card MD and CEO Salila Pandey emphasized the importance of consumer awareness. Key safety tips include shopping only on trusted platforms, downloading apps from official sources, and never sharing sensitive details like OTP or PIN. Users are also advised to avoid screen sharing with strangers and report suspicious activities immediately to banking and cyber authorities.
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