Can someone steal my OTP?

OTP (One-Time Password) theft is a prevalent method used by cybercriminals to gain unauthorized access to accounts. A common way this occurs is when a user's phone becomes infected with malware. This malicious software can silently operate in the background, undetected by the user.

They may do this through phone calls, text messages, or emails that appear to be from a trusted source. The user, unaware of the scam, may then disclose their OTP, thinking they are providing it to a legitimate representative.

It's essential to be vigilant against these types of attacks. Users should avoid clicking on links or downloading attachments from unknown sources, as these can often contain malware. They should also be wary of unsolicited requests for personal information, including OTPs.

Once the malware is installed, it can intercept messages sent to the phone, including those containing OTPs. OTPs are designed to provide an additional layer of security during account authentication, but if they fall into the wrong hands, they can be easily exploited.

The malware can read these OTPs, allowing the attacker to access the user's account without the need for a password or other authentication methods. This puts the user's personal and financial information at risk.