Warning: how the one-time password robot steals all your passwords
Dr Agpar ended up in a situation where his two-factor-authentication code was divulged over the phone and immediately afterwards he found himself locked out of his own Coinbase account which held approximately $106 Coinbase acquired an Indian AI startup and created a phone line specifically for dealing with account takeovers and related attacks. A Coinbase spokesperson told CNBC . Hackers use the OTP bot to stage a seemingly-official phone call hackers gain immediate and total access to the victims account. According to a report from CNBC and are relatively inexpensive to operate relative to the amount that can be earned from a successful attack. A Telegram bot known as ‘BloodOTPbot’ charges a monthly fee of just $300 to hackers to access. Fraudsters also have the option to spend an extra $20 to $100 on more phishing tools that target individual social media accounts on Instagram and we encourage everyone to be cautious when providing information over the phone. If you receive a call from someone claiming to be from a financial institution informed him that his Coinbase account financial services like Paypal and Venmo and crypto platforms such as Coinbase. OTP bots are especially nefarious as they are generally the final step in the hacking process