NPCI warns of a new scam using call merging to steal OTPs, leading to financial losses. Fraudsters pose as acquaintances to ...

Being aware of OTP fraud tactics and following these security measures can help protect your banking credentials from falling ...

Authorities in India have alerted people about a new scam, which involves fraudsters tricking users into merging calls and ...

Authorities in India have issued warnings about a new scam known as the Call Merging Scam, which targets users by tricking ...

Even Apple products are vulnerable to cybercriminals, and a new report suggests the owners of Mac products will have to be ...

National Payments Corporation of India issued a warning about a new cyber fraud being used to steal money from users ...

The Bangko Sentral ng Pilipinas (BSP) is looking to have local banks shift from one-time passwords (OTPs) to more advanced ...

THE BANGKO SENTRAL ng Pilipinas (BSP) is seeking to veer away from the use of one-time passwords (OTPs) in favor of more secure and advanced authentication methods.

The Bangko Sentral ng Pilipinas is pushing banks to adopt more advanced security measures and move away from one-time passwords as the primary form of authentication.

Among the safeguards being proposed by the regulator is the limitation on the use of OTPs and other “interceptable” authentication mechanisms. That said, the central bank wanted regulated ...

Play Video In an information session with reporters on Friday, January 31, BSP deputy governor Elmore Capule cited the fast-paced evolution of technology, with OTPs now being used in financial scams.

“Text messages were never designed to be secure,” Lionel says. “They rely on a scheme called Signalling System Seven (SS7), ...