Sunday , December 22 2024

Recent Posts

Hacker transfer 16.5 Crore from India’s Nainital bank’s Noida branch

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A massive cyber heist has hit at India’s Nainital Bank’s Noida branch, where over ₹16 crore was stolen after hackers accessed the servers and transferred the money to 89 different accounts. Cybercriminals hacked the bank’s RTGS channel by stealing the manager’s login details and stole ₹16.5 crore from June 16 …

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Singapore to stop using one-time passwords for banking in 3 months.

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Banks in Singapore are to phase out the use of phishing-prone One-Time Passwords (OTP) in favour of digital tokens for bank account login. OTP was introduced in the 2000s to enhance online security. However, scammers now use advanced tactics like setting up fake bank websites to easily phish for customers’ …

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