In Bihar, criminals have stolen Rs 7.62 lakh from an individual’s bank account in Sitamarhi. They managed not to trigger any one-time password (OTP) or notification alerts. The account was emptied over the past two months, and cyber-criminals withdrew sums of money.
Banking Security Protocols
The victim did not receive any alert on SMS or email, despite reasonable withdrawals. The episode has bypassed the standard banking security protocols.
Advanced Social Engineering Tactics
According to CNBC, “The absence of OTP’s and notifications suggests that fraudsters may have used advanced social engineering tactics or potentially inside access, or even exploitation of banking systems.
Police Investigation
Cyber police have launched an inquiry into the incident, with the authorities looking to trace the digital footprints of the culprits by determining how the internal safeguard mechanisms were surpassed.
Cybercrimes In Bihar
Cyber financial crimes in Bihar have seen a worrying rise over recent months. Last May, in neighbouring Muzaffarpur, scammers withdrew ₹5.07 lakh from two bank accounts without OTP by posing as officials from Bandhan Bank asking for KYC details.
