Categories: News

Dehli Cyber Attack:Man Loses Rs 50 Lakh, No OTP Asked Just Missed Calls

New Dehli: Ishwar Chandra Vidyasagar spent his 18 years working to educate the tribal girl. Now the man is earning a new name for being a notorious hub of cyber crime. The group is reportedly managed to dupe the director of a security services company of Rs 50 Lakh through an unauthorized bank account number.

According to the reports, the cyber criminal group carried out the transaction without requesting a one time password (OTP). They repeatedly left him unanswered calls on his mobile phone, allowing them to fraudulently withdraw Rs 50 Lakh. According to the investigations, the man lives in Jamatra area of Jharkhand.

The Big Trap

  • Director of a security services firm received missed calls during the time frame from 7PM -8:44 PM
  • He looked at his phone to check messages of RTGS transactions worth Rs 50 Lakh.
  • Bank sent multiple message Sto confirm the transactions

The Times of India reported, several RTGS transactions of mor Ethan Rs 50 Lakh were stolen by the thieves from the current account of the man’s company.

According to the police, it might be a ‘SIM Swap’. They have initiated RTGS transfer and enabled OTP over the phone. SIM swap is a process where fraudsters gain access to Customer’s Subscriber Identity Module (SIM) or may obtain a duplicate card for the registered mobile number.

The thieves used the OTP received on duplicate SIM to carry out unauthorized transactions.

Read more:

10 Scammers Posing as Arab Bank Employees Arrested by Cyber Crime

Cyber Crimes Are Increasing at an Alarming Rate, Here Are 5 Tips to Protect Yourself Against it

 

 

 

Sponsored
Senoria Khursheed

Share
Published by
Senoria Khursheed
Tags: cybercrime

Recent Posts

PayPal Resolves Global Outage Impacting Thousands

PayPal, the global payment processing company, announced on Friday that it had successfully resolved a…

6 mins ago

7,300 Teaching Interns Hired Across Punjab

LAHORE: Punjab government colleges have completed the recruitment of 7,354 teaching interns. The Higher Education…

39 mins ago

Pakistani Engineers To Get Free AI Training from PEC

The Pakistan Engineering Council (PEC) is launching a free six-week online training program on Generative…

59 mins ago

VPN Ban Could Cost Pakistan’s IT Industry $1 Billion, Warns P@SHA

The Pakistan Software Houses Association (P@SHA) has raised alarms about the severe impact of the…

14 hours ago

WhatsApp Trials Group Chat Mentions in the Latest Status Update Feature

WhatsApp is rolling out a new feature in its latest Android beta version, allowing users…

14 hours ago

PTA Chairman Confirms No Orders for Mobile Service Shutdown

ISLAMABAD: Chairman of the Pakistan Telecommunication Authority (PTA), Major General (retd) Hafeez-ur-Rehman, confirmed that no…

15 hours ago