Land Deeds: A New Tool In The Hands Of Scammers Pulling Off AePS Scam
By Hera Rizwan Refraining from disclosing One Time Passwords (OTPs) or not divulging bank account information may sound like a foolproof idea to avoid falling into the trap of scammers. However, cybercriminals have found a way to surpass these checks and attack biometric ATMs to drain users’ bank accounts. The scammers are now leveraging AePS banking to execute scams. AePS is a Unique Identification Number (UID) based payment system where bank account holders can perform financial transactions using Aadhaar based authentication and biometric information which includes iris scan or thumb impres...