Hyderabad: Hyderabad resident foiled cyber fraud and saved over Rs one crore with swift action.
On Saturday morning, Harsh, a resident of Nacharam, Hyderabad, received three messages regarding unauthorized transactions from his AXIS bank current account: two transfers of Rs 50 lakhs each and one of Rs 10,000.
Reacting promptly, Harsh alerted AXIS Bank and lodged a complaint with the Cyber Crime Helpline number 1930, reporting the three unauthorized transactions totalling Rs 1crore.
The Cyber Crime Helpline at the TS Cyber Security Bureau wasted no time and uploaded the transaction details on the CFCFRMS portal. They also promptly alerted both AXIS Bank and HDFC Bank, the recipients of the fraudulent transfers, ensuring that the amount was frozen.
This incident highlights the effectiveness of swift action by both the victim and the helpline staff. By reporting the crime within the golden hours to 1930, Harsh prevented the fraudulent money from falling into the hands of the suspects, saving the entire amount of over Rs 1 crore.
Shikha Goel, Director of TSCSB, personally met Harsh and commended him for reporting the incident within just 12 minutes to 1930. She also lauded the prompt response of the helpline staff, who ensured that the amount was frozen within 25 minutes of receiving the report.
The police urge the public to immediately report any cyber fraud incidents to the Cyber Crime helpline number 1930, emphasizing the importance of timely reporting to prevent financial losses, a police statement said.