With improved security for online accounts, mobile phone has become a key factor to break into these accounts.

With improved security for online accounts, mobile phone has become a key factor to break into these accounts. If a person experiences fraudulent practice, he/she approaches police but what if the one-time password (OTP) was basis of the transaction? Fraudsters swap SIM or copy information which can be transferred across devices.

With advent of net banking and other online services, possessing mobile numbers is a must with companies sending verification and OTP to customers. The OTP is verified by the fraudster without knowledge of the original owner for financial gains.