Digital transactions have become a large part of our daily lives. From online purchases to money transfers and card payments at retail outlets, digital transactions have been on the rise. Simultaneously, there has also been an increase in identity theft and credit fraud. According to NortonLifelock’s Cyber Safety Insights Report in April 2020, identity theft impacts four out of every 10 Indians. One irreversible outcome of this is the financial setback that victims are left to deal with.
As you browse through various ecommerce sites, checking out the attractive discounts and fill your carts, remember to stay alert about entering your details. Safeguard your financial information, credit card details and credit profile against any online fraudsters.
Here are a few cautionary practices to protect your online identity and avoid becoming a victim of credit fraud:
Stay vigilant and stay safe!
>> Stay tuned to key changes in your credit profile with CIBIL Alerts, available with a Standard and Premium CIBIL subscription.
Disclaimer: The information posted to this blog was accurate at the time it was initially published. We do not guarantee the accuracy or completeness of the information provided. The information contained in the TransUnion blog is provided for educational purposes only and does not constitute legal or financial advice. You should consult your own attorney or financial adviser regarding your particular situation. This site is governed by the TransUnion Interactive privacy policy located here.