The police are puzzled by how the fraudsters accomplished the transaction without collecting the essential authentication data, such as an OTP, remote access or any other secure connection.
The law enforcement agencies are intensifying efforts through the ‘1930’ online financial fraud helpline and cybercrime reporting portal, and freezing bank accounts linked to fraudulent transactions has become more common.
Hyderabad, April 29 (IANS) Swift action by the Telangana Cyber Security Bureau on a complaint by a citizen about unauthorised transactions from his bank account resulted in saving the entire amount of above Rs 1 crore.