OTP Based Fraud: For any digital payment, usually we have to enter OTP, this is a verification system. By which it is found out who is making the payment, that is, only the person with the registered number can make the payment by entering the OTP. However, cyber thugs have cheated people of lakhs and crores of rupees through this OTP. For this, cyber criminals use different methods and steal people’s hard-earned money. This is the reason why now preparations are being made by RBI to replace OTP. Today we…
Read MoreOTP based Fraud increasing every year in india digital security RBI can replace verification system
