The news of the arrest of 13 members of an online banking fraud racket by RAB has undoubtedly been reassuring. We were getting news that in coronavirus situation when citizens are under home quarantine, they prefer mobile or online transactions instead of going directly to the bank or ATM booth. It was quite concerning that such a racket was active during this time.
Fraudsters targeted the less educated or uneducated, especially when workers in the garment and other industries were being paid through mobile banking in compliance with government directives.
We can hope that with the arrest of 13 people, the fraudsters will be silenced. Others will also be caught through their interrogation. At the same time, it should be kept in mind that only the tip of the iceberg has been seen as the majority of such rackets might still be operating. Efforts to bring them under the law must continue.
They have earned crores of taka, cars, and houses
by cheating. It is difficult to control fraudsters
without arrest and exemplary punishment.
It should be kept in mind that the widespread involvement of citizens in online banking services and at the same time unfamiliarity with these services has benefited the fraudsters.
At the same time, the gaps in online banking itself are gradually becoming clear. However, this gap in technology has been largely closed. But the fraudsters still remain.
The latest arrests show that those involved have no visible source of income, nor do they have significant education or qualifications. Even so they have earned crores of taka, cars, and houses by cheating. It is difficult to control fraudsters without arrest and exemplary punishment.
Admittedly, customer awareness is also important. Therefore, campaign activities must be increased. In fact, IT-based banking systems are growing worldwide. The incidence of fraud is not less in other countries.
In this new banking system, new security measures are being invented and implemented to prevent new types of crime. We would like to see the security system of technology-based banking become more extensive and secure in Bangladesh as well.
