In a shocking OTP bypass scam, multiple incidents have surfaced where hackers have stolen money from victims through net banking without them ever finding out about it. Know about this scary online bank scam.
Cybercriminals are getting smarter by the minute and are coming up with scary tactics to steal money from innocent people. They are even able to use technology that allows OTP bypass online scams to happen. Just a couple of months ago, a businessman lost almost Rs. 1 Crore after his smartphone got hacked without his knowledge. But now, it seems hackers are directly attacking the online bank accounts of individuals. In a terrifying new online scam, police have found unknown beneficiaries added to net banking accounts of the victims who have mysteriously lost large sums of their money – all without ever receiving an OTP to approve the transaction. It is incredibly important that you know how this new crime is being conducted and that you protect yourself from it.
Hackers use scary tactic to steal money via net banking
According to a report by The Times of India, a scary new cybercrime has come to light in Gujarat. A few victims have complained that their hard-earned money was stolen from bank accounts without them ever finding out about the transaction as not even an OTP from the bank was received by them. Usually, when money is transferred through online banking (except when using an online wallet or UPI), users get an OTP (one time password) text message…
