Do not rely solely on bank statements. Request a Claim Settlement Statement from your insurer. Compare the date and amount with the PLICSBD entry.

The vulnerability (now “patched”) was traced to:

The first wave of complaints emerged on online forums and banking subreddits in January 2026. Users described the same pattern:

Initially, many assumed it was a phishing error or a simple mislabeling. But as thousands of reports flooded in, it became clear this was a systemic issue. Some victims reported seeing the charge recur monthly. Others noticed the transaction appeared immediately after they had visited any insurance comparison website, even without purchasing a policy.