Cyber fraud refers to deceptive activities carried out via the internet and digital platforms with the aim of tricking users into giving away their financial or personal information. As one of the modern age's criminal acts, cyber fraud takes many forms – especially on social media. Kapital Bank calls on everyone to be informed and stay vigilant against such fraudulent schemes.

Fake lotteries, games, and prize offers:We often come across fake lottery or campaign pages on social media that are created under the names of well-known brands. These pages imitate the brand’s name, logo, and colors so convincingly that users may fall into the trap due to a moment of inattention. Believing they have won a prize or gained the opportunity to participate in a lottery, people click on the promoted link and enter their card details. As a result, the funds on their cards are stolen. That’s why it’s important to be extremely cautious when encountering such ads or pages on social media. To verify their authenticity, simply check the official social media accounts or website of the company. It is especially important to note that when banks conduct official campaigns or lotteries, they do not ask customers to register. Eligible users automatically qualify based on their customer activity and behavior.

Fake job offers:In this type of scam, job seekers are lured with promises of high-paying, easy, or remote jobs. Scammers request CVs, personal information, and sometimes even an upfront payment. This is done to collect personal data and make the offer appear legitimate. After the initial contact, they often send a task or project file – which may contain malicious software – to the victim’s computer or mobile device. This software allows remote access without the user’s knowledge. The main goal is to steal personal data stored in the user’s browser. Therefore, it is crucial to be cautious with suspicious job offers.

A moment’s inattention can make anyone a victim of cyber fraud. Just as we take measures to protect our safety in real life, we must do the same in the digital world. Never share personal data such as your card’s CVV/CVC code, one-time OTP codes sent via SMS, card PIN codes, or the FIN number on your ID with third parties. Don’t trust unprofessional videos or advertisement texts claiming to be from banks. Cyber fraudsters use various tactics like hypnosis, lies, and manipulation to achieve their goals. That’s why being informed, staying alert, and spreading awareness among others is extremely important.

Kapital Bank, the country's first bank, is part of PASHA Holding. Kapital Bank has the largest service network in Azerbaijan with 118 branches and 54 departments all over the country. For more detailed information about the bank’s products and services, please refer to https://kapitalbank.az website, 196 Call Centre or the bank’s various social network pages. To apply for a consumer loan visit https://kbl.az/prgtk,for a Birbank installment card visit https://kbl.az/prcrc.