PC: tv9hindi
OTP scam, a term you might have heard many times, is a trap laid by hackers and fraudsters that many people fall prey to. In the world of cybercrime, people can quickly lose their hard-earned money due to the cunning techniques adopted by scammers. Have you ever thought that despite repeated warnings, people are becoming victims of these scams?
There was a time when people did not hesitate to help each other. However, that era seems to have come to an end. People are now hesitant to give help because they fear that helping someone may lead to financial loss or fraudulent activities.
PC: HT Tech
In recent times, a new method used by hackers has emerged. Scammers now use phone calls under the pretext of asking for your mobile phone. When you engage in a conversation with the caller, they ask you about the train arrival time or other saved details. During this conversation, both parties send OTP (One-Time Password) to your mobile in simple language.
Hackers are adopting this method to steal money from people's accounts, making it a popular technique for cybercriminals. As a result, it has become increasingly challenging to distinguish between genuine requests for help and fraudulent schemes.
PC: RBL Bank Blog
Consider these precautions to protect yourself from becoming a victim of an OTP scam:
Be wary if someone asks you to call saying their phone battery is dead or they have some other excuse. It is important to be alert.
Never hand your mobile phone to a stranger, even if the person appears genuinely upset. Similarly, avoid sharing OTP with anyone even by mistake.