Selling software for bypass banks OTP, Captcha for Tatkal ticket booking continues

The banks are claiming that they are moving ahead with the digital age, to offer seamless digital experience, available at your fingertips. With this transition & expansion of digital banking, cybersecurity has emerged as an area of focus for banks. It sounds scary when People are claiming to bypass banks OTP, Captcha for Tatkal ticket booking..

People are selling this type of software to book tickets unethically. And scammers are using them. It is time to improve our technology. We are all aware of the importance of OTP verification, especially in the case of financial transactions. So, why would someone feel the need for an OTP bypass generator ?

A common say is if you can make a software, someone has the capability to break or customise the software in this digital age…

Every day we have the experience of getting OTP for various usage, it is very common. Let’s begin by understanding what an OTP is.

Often, websites and apps ask for an OTP when you try to access them. This OTP is a One Time Password that you receive on your phone number through an SMS or call. This numerical password is used to verify your phone number and identity. However, the process of bypassing this OTP verification step to access any website or app quickly is known as OTP bypass.

Only a Hacker can bypass this, as it happening regularly when a hacker tried to steal money from your debit or credit cards. Probably, the only prevention is “delete your card details or wallet details everywhere after you complete your transactions”. In India, OTP is mandatory.

However, if you are on websites not from India ( Say in case of AliExpress for example), you just need to enter the full card number, expiry date and the CVV. No OTP is required. This is the same when you swipe your card abroad. No PIN required.

A report says, Several websites offer temporary and rental phone numbers that can work on any website or app, irrespective of the country you are in. Many of these websites provide free phone numbers for OTP bypass that can be used to register on social networking sites such as WhatsApp. These websites allow you to choose numbers from different countries with 24×7 support and assistance.

The booking process for a general user usually takes around 2.55 minutes, but those using these softwares could do it in just around 1.48 minutes. There were reports says that, illegal softwares such as 'ANMS', 'MAC' and 'Jaguar' would bypass the IRCTC's login captcha, booking captcha and bank OTP to generate tickets, while a genuine user has to go through all these processes.

These illegal softwares, which used to generate business of ₹50 crore-100 crore annually, however officials says that have been blocked. Experts claims that it still continuous in certain sectors. Unfortunately, in the case of zero-day attacks, enterprises will be left vulnerable regardless of the security system they have in place.

The recent hike in targeted attacks determined on stealing confidential data from enterprises is also something admins need to worry about. Predicting and preventing these types of attacks using blacklisting would be ineffective.