No more OTP frauds? Home Ministry teams up with SBI Cards, telecom operators for innovative solution on stolen one-time passwords

India's home ministry, SBI Cards and Payment Services Ltd (SBI Card) along with telecom operators have joined forces to develop a solution to combat cyber fraud and phishing attacks in the banking sector. The solution involves tracking the geolocation of customers to ensure secure delivery of OTPs and prevent phishing attacks.

Apr 23, 2024 - 17:30
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No more OTP frauds? Home Ministry teams up with SBI Cards, telecom operators for innovative solution on stolen one-time passwords
India's home ministry, SBI Cards and Payment Services Ltd (SBI Card) along with telecom operators have joined forces to develop a solution to combat cyber fraud and phishing attacks in the banking sector. The solution involves tracking the geolocation of customers to ensure secure delivery of OTPs and prevent phishing attacks.

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