Financial Crime World

Fraudulent Activities in Online Banking in Brunei Darussalam: Staying Safe from Scams

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As the digital age continues to advance, it has become increasingly crucial for individuals to safeguard themselves against fraud and scams when conducting financial transactions online. The Bank Islam Brunei Darussalam (BIBD) understands the importance of protecting one’s financial wellbeing from the ever-evolving landscape of online scams.

Staying Safe with BIBD

To equip individuals with the knowledge and tools necessary to stay safe, BIBD hopes that these tips will help identify and avoid common scams that target online banking users. By familiarising oneself with these tactics, individuals can confidently navigate the digital realm with peace of mind.

Phishing Scams in Online Banking

Phishing scams attempt to trick individuals into revealing sensitive information such as usernames, passwords, and banking details. To stay vigilant, BIBD advises individuals to be cautious of unexpected emails, text messages, or calls requesting personal information. Avoid clicking on suspicious links or downloading attachments from unknown sources and verify the authenticity of any communications by contacting our Contact Centre at 2238181.

Identity Theft in Online Banking

To prevent identity theft, it is essential to safeguard one’s personal and financial information. BIBD advises individuals to:

  • Use strong and unique passwords for their online accounts
  • Enable two-factor authentication for an extra layer of security
  • Regularly monitor transactions and bank statements for any unusual activity
  • Alert us immediately if they feel their details have been compromised

Online Purchase Scams in Brunei Darussalam

While online marketplaces provide convenience, they can also attract fraudsters. To stay cautious, BIBD advises individuals to:

  • Research sellers before making a transaction, especially when dealing with individuals or lesser-known websites
  • Purchase from reputable platforms only
  • Use secure payment methods
  • Remember, if an offer sounds too good to be true, it probably is

Security Commitment at BIBD

At BIBD, we will never request personal or account information through unsolicited emails, messages, or phone calls. Your security is our utmost priority, and we remain committed to providing you with the resources and support needed to stay safe against scams.

If you suspect any fraudulent activity or have concerns about the security of your accounts, please get in touch with our Contact Centre. Together, let’s build a secure digital banking experience for you.