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A few days ago, I came across news reports with alarming headlines. Both reports talked about people who had lost money after receiving several missed calls on mobile phones but no one-time password (OTP).
This scheme, which spanned around 40 different accounts, primarily used social engineering and phishing as a way to trick people.
5 Min Read (Reuters) - An Iranian-American businessman wants to sue U.S. law firm Dechert over allegations of hacking, seeking a London court’s approval to add it as a defendant in a long-simmering dispute with the Ras Al Khaimah Investment Authority (RAKIA). Signage is seen outside of the law firm Dechert LLP in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly Aviation tycoon Farhad Azima alleges that a former partner at the Philadelphia-based law firm helped direct Indian hackers to steal his emails as his relationship with RAKIA soured over a pair of botched business deals. ...