In this blog I will be focusing on the ways to strengthen the possibility of recovering your money in situations where your bank account is hacked or your credit card or debit card details have been stolen and misused.
I will not be talking about how to prevent a bank account from getting hacked because we have discussed it at length in various posts.
They will readily block the transaction and revert the amount.
This will ensure that you get the money back in your account.
Every victim may not be lucky as in this case but one can always try to reach out to the merchant through whatever possible way and give them the real picture.When your bank account gets hacked and money gets transferred online one should follow the steps given below to avoid further losses: What to do to recover lost money from hacked account: In case of online transactions we have a fair chance of recovering/blocking the transaction if we act within 24 hours from the date and time of the fraudulent transaction.Most of the victims miss out on these important steps and hence are unable to recover any of the money they have lost.When a hacker/cybercriminal hacks the bank account and has access to user’s login name, password and PIN they start making online purchase and money transfers immediately.They try to get the maximum amount out before user blocks the credit/debit card or changes the bank login details.
It is quite difficult to track down the person or group that has scammed you without the help of law authorities in several different countries that transaction might have routed through.