
The hackers had hijacked the one-time passwords sent through SMS text messages by banks. — AFP Relaxnews
SINGAPORE: Hackers abroad have been able to pose as 75 bank customers here to make about S$500,000 (RM1.54mil) in fake credit card payments.
This was done by a sophisticated method of hijacking the one-time passwords (OTPs) sent through SMS text messages by banks.
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