🤖 Not Just a Bot 🤖
However, an OTP bot is merely a tool for bypassing two-factor authentication and without the victim's personal data, it's completely useless. To access someone else's account, the fraudster must know at least the current login and password, as well as the victim's phone number. The more information they have about the victim (full name, date of birth, address, email, credit card details) - the better. Fraudsters obtain this information through several methods:
▪️ Purchase on the Dark Web: Hackers sell vast databases where fraudsters can find login credentials, passwords, credit card numbers and other data. While these may not always be up-to-date, many users don't change their passwords for years and other information becomes outdated even more slowly.
▪️ Searching Open Sources: Sometimes, such databases leak into the public domain on the "clear" part of the Internet, but they usually become outdated quickly due to the significant media attention. For instance, it's standard practice for a company that discovers a data breach involving its customer's personal information to reset the passwords of all affected accounts and require users to create new passwords upon their next login.
▪️ Conducting Phishing Attacks: This method has a distinct advantage over the others - fraudsters can obtain 100% accurate data about the victim, as phishing can be conducted in real-time.
However, an OTP bot is merely a tool for bypassing two-factor authentication and without the victim's personal data, it's completely useless. To access someone else's account, the fraudster must know at least the current login and password, as well as the victim's phone number. The more information they have about the victim (full name, date of birth, address, email, credit card details) - the better. Fraudsters obtain this information through several methods:
▪️ Purchase on the Dark Web: Hackers sell vast databases where fraudsters can find login credentials, passwords, credit card numbers and other data. While these may not always be up-to-date, many users don't change their passwords for years and other information becomes outdated even more slowly.
▪️ Searching Open Sources: Sometimes, such databases leak into the public domain on the "clear" part of the Internet, but they usually become outdated quickly due to the significant media attention. For instance, it's standard practice for a company that discovers a data breach involving its customer's personal information to reset the passwords of all affected accounts and require users to create new passwords upon their next login.
▪️ Conducting Phishing Attacks: This method has a distinct advantage over the others - fraudsters can obtain 100% accurate data about the victim, as phishing can be conducted in real-time.