Tuesday, June 18, 2024

A Women Shared OTP 28 Times to Fraudsters and Lost Nearly 7 Lakhs

A 40-year-old Navi Mumbai women lost nearly 7 lakhs after sharing her OTP 28 Times to Fraudsters. She is a state bank of India account holder and she received a call from fraudster masquerading as a manager.

The incident happened between May 17 and 23 and she had around 7.20 lakh in her bank account. Tasneem Mujjakkar Modak, the victim has told the police that the concept of online banking is completely alien to her.

Modak has provided all the details including 16-digit debit card number and the CVV numbers which is to be kept confidential and the fraudster also asked to delete the messages received from the bank.

Periodic Calls

In total, the fraudster made 28 transactions and the minimum transaction was of Rs.4,000 and the highest Rs.49,999 reports the Hindu.

Police Inspector (Crime) Bhaguji Auti said: “the fraudster said that her card was blocked and asked her to share the card details and pin number, again he called to get the OTP number that she received.”

The first transaction was of Rs.4000 to Oxygen wallet and after realizing the women is not doubtful the fraudster made may calls on the daily basis till May 23 and the payments transferred to the PhonePe wallet in Mumbai.

Also Read Fakebank Malware Variant that Intercepts Android user’s Banking Calls

Modak finally learned that share was cheated on May 30 and went to the bank to update her passbook and “She found that nobody from the bank had called her. She lodged a complaint with us when she learned of the cheating,” a police officer said.

Common Bank Fraud Techniques to steal your information


Vishing also knows as Voice Phishing, a social engineering technique used by attackers over the telephone system to gain financial details, by using this method attackers steal payment card details.


Commonly carried out via e-mail spoofing and instant messaging, attackers present a fake page posing to be a trusted source and steal your banking credentials.


Smishing also knows as SMS phishing that involves in text messaging, the tactics used by attackers to leverage the payment card details and credentials.

Banking Malware

Banking malware is pushed through Social engineering, Phishing and spam emails and security vulnerabilities. They are designed to Steal Money, personal and financial information. Some of the well-known banking malware are Zeus, Spyeye, and Zitmo.


Latest articles

Singapore Police Arrested Two Individuals Involved in Hacking Android Devices

The Singapore Police Force (SPF) has arrested two men, aged 26 and 47, for...

CISA Conducts First-Ever Tabletop Exercise Focused on AI Cyber Incident Response

On June 13, 2024, the Cybersecurity and Infrastructure Security Agency (CISA) made history by...

Europol Taken Down 13 Websites Linked to Terrorist Operations

Europol and law enforcement agencies from ten countries have taken down 13 websites linked...

New ARM ‘TIKTAG’ Attack Impacts Google Chrome, Linux Systems

Memory corruption lets attackers hijack control flow, execute code, elevate privileges, and leak data.ARM's...

Operation Celestial Force Employing Android And Windows Malware To Attack Indian Users

A Pakistani threat actor group, Cosmic Leopard, has been conducting a multi-year cyber espionage...

Hunt3r Kill3rs Group claims they Infiltrated Schneider Electric Systems in Germany

The notorious cybercriminal group Hunt3r Kill3rs has claimed responsibility for infiltrating Schneider Electric's systems...

Hackers Employing New Techniques To Attack Docker API

Attackers behind Spinning YARN launched a new cryptojacking campaign targeting publicly exposed Docker Engine...
Guru baran
Guru baranhttps://gbhackers.com
Gurubaran is a co-founder of Cyber Security News and GBHackers On Security. He has 10+ years of experience as a Security Consultant, Editor, and Analyst in cybersecurity, technology, and communications.

Free Webinar

API Vulnerability Scanning

71% of the internet traffic comes from APIs so APIs have become soft targets for hackers.Securing APIs is a simple workflow provided you find API specific vulnerabilities and protect them.In the upcoming webinar, join Vivek Gopalan, VP of Products at Indusface as he takes you through the fundamentals of API vulnerability scanning..
Key takeaways include:

  • Scan API endpoints for OWASP API Top 10 vulnerabilities
  • Perform API penetration testing for business logic vulnerabilities
  • Prioritize the most critical vulnerabilities with AcuRisQ
  • Workflow automation for this entire process

Related Articles