Technology

Cybercrimes at its peak! New techniques used for financial frauds


There has been a surge within the instances of financial fraud in Bihar as cybercriminals have resorted to the hacking of telephones to commit these crimes.

According to an official spokesperson of the Economic Offence Wing (EOW) Patna, the criminals are sending cast hyperlinks after each digital transaction by which they hack the telephones of people after which compel the customers to ship the One Time Password (OTP) by utilizing which they empty the financial institution accounts.

Explaining the modus operandi, the spokesperson advised IANS, “These criminals send a link to the individual after every digital transaction. When the person clicks on that link his mobile gets hacked and the fraudsters convert the amount in their bank accounts to a fixed deposit. After this, the balance in the account is seen as zero. Then an OTP is sent to the mobile number of the user and the fraudsters call the person assuring them of returning the whole amount if they share the OTP. The victims, out of desperation, share the OTP and these criminals withdraw the money in their account.”

“Over 570 cases have been reported in the last four months from various districts such as Siwan, Gaya, Nalanda, Nawada, Begusarai, etc. A lot of cases might not have been reported too,” he mentioned.

74 investigating groups headed by an inspector rank officer and comprising 4 laptop specialists, one inspector, three sub-inspectors, and two constables have been constituted within the state to look into such instances.

According to the official, over 1,000 instances associated to cyber fraud are reported in Bihar yearly, nearly all of them associated to financial institution and on-line financial frauds. Apart from this, instances associated to importing derogatory movies of girls, creating pretend Facebook, Twitter, and Instagram accounts, and sending obscene messages are additionally reported in bulk.



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