How a Real-life Bank Scam Nearly Worked and What You Can Learn From It

How a Real-life Bank Scam Nearly Worked and What You Can Learn From It

How a Real-life Bank Scam Nearly Worked and What You Can Learn From It Published on 07/05/2025 01:30 PM EM360 Tech Wed, 05/07/2025 - 12:12 In this eye-opening white paper, follow the story of Alex, a Senior IT Engineer, who almost became the victim of a sophisticated bank scam. Despite his awareness, advanced fraud tactics, including psychological manipulation and cutting-edge technology – made it almost impossible for him to detect the scam in …

The Supreme Court, on occasion, makes decisions in favour of citizens. In a ruling that marks a before and after in the protection of banking users from digital fraud, the Supreme Court has held that it is the financial institutions that are responsible for immediately replenishing the amounts taken from current accounts for scams on the Internet or via mobile, unless they demonstrate that the client incurred serious negligence.