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When it comes to communication technology, it is safe to say that China is among the world leaders. Everything that has to do with voice and data transmission, internet connectivity, and telecommunications equipment is made in China. From smartphones, smartwatches, and smart TVs to base stations, handheld radios, optical cables, and wireless access points, they can be traced back to China.
One of the emerging trends in the communication industry is the use of OTP-based authentication to verify users' identities. OTP or One-Time Passwords are random numbers or codes that are generated for a limited time and used as a substitute for traditional usernames and passwords. OTPs are meant to enhance security and reduce the risk of fraud and identity theft.
However, some bad actors have found a way to circumvent OTPs and use them for fraud. They create fake US numbers with OTP and use them to scam people. They usually claim that they represent legitimate organizations such as banks, social media platforms, online marketplaces, and other companies that require OTP-based verification.
To achieve their goals, fraudsters use phone number spoofing, a technique that allows them to disguise their actual phone number with a fake US number. They use VoIP (Voice over Internet Protocol) services that imitate US area codes and dialing prefixes. With a fake US number, they can bypass call blocklists, trick people into believing that they are based in the US, and make them disclose sensitive information, such as usernames, passwords, credit card numbers, and personal details.
If you receive a call from a fake US number with OTP, be cautious. Do not disclose any information, but try to verify the caller's identity by asking for their name, company, and contact details. If the caller refuses, hangs up, or becomes aggressive, it is likely a scam.
Moreover, if you suspect that you have been a victim of fraud, report it to the relevant authorities, such as the police, the FBI, or the Federal Communications Commission (FCC), depending on the severity and scope of the fraud. You can also contact your bank, credit card company, or other service providers and have them freeze or cancel your accounts if necessary.
In conclusion, while OTP-based authentication is a valuable means of securing online transactions and preventing identity theft, it is not foolproof. Cybercriminals can still use it for fraud and deception. Therefore, it is essential to be vigilant, cautious, and aware of the risks and trends of fraud and cybercrime. If in doubt, do your research and seek professional advice. Stay safe and secure in the digital world.