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OTP Scam Explained: Can Victims Get Money Back Legally in India?
You receive an urgent call. The caller claims to be from your bank, mobile carrier, or a government department. They sound confident. They know your name. They alert you to account blockage, suspicious activity, or failed transactions. Then comes the fatal moment. You share an OTP. Within minutes, money disappears from your account. No warning. No confirmation. Just panic. OTP scams have…
Bank OTP bypass scams are on the rise: here's how to avoid them
WhatsApp OTP scam: What is it, how it works, other things you need to know
Technology News AWhat is this WhatsApp OTP scam?- Hackers can contact you via SMS, pretending to be your friend or relative, and will ask for an one time password (OTP) they may have sent on your number by mistake.
If you share the OTP then hackers will get access to your account and all your personal messages and media. The hacker can then send messages to your friends/relatives and can also ask money from them.
ALSO READ: Snapchat launches feature 'Spotlight' to take on TikTok, Instagram
What to do if this happens?- One should immediately reset WhatsApp and log in again. To avoid the scam, it's always advisable to not share any information without confirming if the message is genuine.
Also, you may activate the two-factor authentication on WhatsApp to increase your account's security. The new scam poses a serious threat as recently, WhatsApp received the nod for its UPI-based Payments facility from the...Read more.
