OTP Frauds: While contours of the solution is still being worked upon with telcos, SIM location of a customer can be verified real time and matched with the geolocation of delivery of an OTP. Banks also have their own data on customers’ residences. So, capabilities will need to be built to triangulate the data in real time, one of the executives said.
A one-time password, or OTP, is a password that can only be used once to log into a computer system or other digital device. Scammers find ways to siphon your money so, here are some tips to keep in mind to save your money.
OTP Frauds: OTP is a one-time password that is valid for only one login session on the computer system or any digital device. In this episode of ET NOW SPOTLIGHT, Snehi Shah will explain the various ways in which scammers can siphon your money and how you can protect yourself from getting scammed.
OTP Frauds: OTP is a one-time password that is valid for only one login session on the computer system or any digital device. In this episode of ET NOW SPOTLIGHT, Snehi Shah will explain the various ways in which scammers can siphon your money and how you can protect yourself from getting scammed.