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

But how do these OTPs actually work, and are they as safe as we like to believe? This article explains everything. We’ll explore: The technology behind OTPs Why it’s become key to online ...

With the increasing reliance on digital banking, financial transactions have become more convenient. However, this also ...

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

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

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

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.

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.