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OTP code

Updated news related to OTP code

Cách tránh bị lừa đảo liên quan đến mã OTP

How to avoid OTP code scams

Nowadays, one-time passwords (also known as OTP codes) have become an important security layer, helping to protect our online accounts from unauthorized access. However, along with that convenience, fraud related to OTP codes are also becoming more and more sophisticated and complex.

Digital Transformation

Singapore banks to phase out use of OTPs to prevent online fraud

With the aim of enhancing security and effectively preventing fraudulent activities, major banks in Singapore are gradually eliminating the authentication method using one-time passwords (also known as OTP - One Time Password) and switching to using digital tokens.
Prosecution of a group of fraudsters who entered OTP codes into bank accounts to appropriate them

The Public Security Agency has just served the Decision to initiate criminal proceedings, prosecute the accused and execute search warrants and arrest warrants to detain the subjects Le Van Tuan (born in 1989), Nguyen Van Tuyen (born in 1992) and Le Thanh Duc (born in 1991) for the act of "Using computer networks, telecommunications networks, and electronic means to commit acts of property appropriation" as prescribed in Clause 4, Article 290, Penal Code.

Money lost because OTP code was stolen
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By the time people enter their OTP code into the screen as requested on the fake website link, the scammer has completed the fraudulent transaction, while the account owner still thinks he is making a transaction to receive money from abroad.

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