Bank OTP bypass scam on the rise: Here is how to stay safe
India TodayAnkita Garg
Bank OTP bypass scam on the rise: Here is how to stay safe
The increasing prevalence of OTP bypass scams in digital banking poses significant security risks, necessitating protective measures such as vigilance in communication, app and device security, and informed use of Two-Factor Authentication (2FA).
Oct 13, 2023
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An OTP scam is a type of fraud where scammers trick you into revealing your one-time password (OTP). OTPs are unique codes that are sent to your phone or email to verify your identity when you log in to an online account or make a payment. How do OTP scams work? Scammers can use a variety of methods to trick you into revealing your OTP, such as: Phishing emails: Phishing emails are emails that look like they're from a legitimate company, such as your bank or credit card company. The email may as
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An OTP scam is a type of fraud where scammers trick you into revealing your one-time password (OTP). OTPs are unique codes that are sent to your phone or email to verify your identity when you log in to an online account or make a payment. How do OTP scams work? Scammers can use a variety of methods to trick you into revealing your OTP, such as: Phishing emails: Phishing emails are emails that look like they're from a legitimate company, such as your bank or credit card company. The email may as
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