Cyber ​​Fraud: The methods of cyber fraud are constantly changing, and now criminals are adopting such tactics in which neither OTP nor password is asked from you.

Cyber ​​fraud methods are constantly evolving, and criminals are now employing tactics that don't require an OTP or password. Despite this, money is withdrawn from bank accounts without the victim even realizing it. Several recent cases have made this threat even more serious, prompting the government to issue a warning.

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The Indian government's cybersecurity agency, I4C, has alerted the public about a new type of biometric fraud. This scam is linked to the Aadhaar Enabled Payment System (AEPS), where Aadhaar card biometric information is misused.

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In this type of fraud, cybercriminals first steal personal information and Aadhaar-related data related to the user. This is often done using leaked data available on the dark web. Once they have the information, scammers create fake fingerprints based on that data. Then, using a micro-ATM or an AEPS-enabled device, they withdraw money from your bank account.

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Surprisingly, this entire process requires neither an OTP nor a password. The transaction is completed solely through biometric verification, allowing the account to be emptied in no time. In many cases, criminals use so-called mule accounts. These are bank accounts that are either deliberately rented or misused for cybercrime.

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The government and cyber experts say that awareness is the most important tool against such fraud. The most important step is to lock your Aadhaar card's biometrics. This can be done easily through the UIDAI's official website or app. With your biometrics locked, no one will be able to misuse your fingerprints.

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Additionally, always choose an authorized Aadhaar biometric update center. Avoid updating your biometrics anywhere other than a post office, bank, or government-recognized Aadhaar center. Sharing your Aadhaar information with an unknown individual or agent can also result in significant losses.

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This new AEPS scam shows that with digital convenience comes increasing risk. A little carelessness can cost you your hard-earned money, so be vigilant and keep your Aadhaar and banking information completely safe.