Why You Should Never Share Your OTP – Stay Safe Online

One-Time Passwords (OTPs) are a critical layer of security for online banking, digital payments, and account verification. They are meant to confirm your identity and prevent unauthorized access. Sharing an OTP, even with someone claiming to be a bank representative or a trusted contact, can lead to financial loss and data theft.

OTPs Are Meant for You Alone

An OTP is generated for your use only and is valid for a very short period. Sharing it with anyone compromises the security of your account. Fraudsters often pose as officials or technical support staff and trick individuals into sharing OTPs, which can be used to transfer money or access sensitive information.

How Fraudsters Exploit Shared OTPs

Once someone has your OTP, they can bypass authentication processes and perform unauthorized transactions. This can include transferring funds from your bank account, making online purchases, or even gaining control of your email and social media accounts. The consequences can be severe, including identity theft and long-term financial damage.

Be Wary of Calls and Messages

Banks and legitimate service providers never ask for your OTP over the phone or via email. Treat any such request as suspicious. Always verify the source independently before taking any action and avoid clicking on links sent through unsolicited messages.

Protecting Your OTP

• Never disclose OTPs to anyone, regardless of their claimed authority.

Enable two-factor authentication for additional security.

Regularly monitor your account statements for unusual transactions.

Use official apps and channels for transactions and account management.