Desammyst:

According to him, the card is a VISA card, does it mean VISA card can be easily compromised? Because I know that MasterCard have a strong security.

Omniman:
your brothers money is now history.

I remember my uncle who is a DPO. They wiped out his 1.2m. He was crying like a baby.

Bank couldn't do shii

doggedfighter:
So anyone can easily lay hands on another


person's ATM and withdraw without knowing the pin?







...

snoopy:
it's not all online payment platforms that require OTP. Infact, most don't especially international and some local merchants. All they require is your card no, expiry date and 3 digit security code at the back. it's only the popular ones like the local Quickteller, Remita and a few others that require OTP.

Desammyst:
Good day, everyone. I lost my brother's Polaris bank ATM Card last month. He didn't bother to go and block it in the bank, and went for his military service in Borno state.

He came back this month and this afternoon, he received debit alerts on his phone, as a result of the lost ATM card. When I came home this evening and he showed me the alerts, I discovered that prior to the debit alert, he had received message requesting for OTP five times. I was dumbfounded and till now I can't grasp how it happened.

Does it mean someone's money can be wiped off without OTP?

What happens to bank security? Because if someone doesn't send OTP, isn't the person safe.

Is there anyway the funds can be retrieved.
Please, help a brother. My family is pained

slawormiir:
Damnnn niggar

Am thinking maybe the otp generated was a hard token.....instead of soft token....even as at that they still need your brother to call them the hard token first



Otp does not go to email address

Aidejay:
@OP sorry for your loss, to answer your question.

Does it mean someone's money can be wiped off without OTP? - Your money can't be wiped off without OTP it's either the thief's found a way to get the otp by rerouting the destination of the otp message or someone gained access to your brothers phone and copied the otp when it was sent.

Desammyst:

According to him, the card is a VISA card, does it mean VISA card can be easily compromised? Because I know that MasterCard have a strong security.

aminusodiq:
yes... Buying goods online dosent require otp or atm pin... Just the card details and you have your goods

Idrisab:
To be a lil safe in this naija
Block your ATM and don't collect another one
If you know you want to withdraw
Transfer to POS guys
Or get another acct with ATM which you'll Only transfer to when you want to withdraw

About OTP
There's been series of issues concerning money disappearing with or without OTP and are usually online payment so block your ATM and be safe

Idrisab:


Lmao, you're still dulling things
I had a Mastercard with Fcmb
My money was vanishing little by little in a series of $5, $2 , $8 ,$10 and like that within short time.
Over 60k don disappear before I got to know
No SMS alert, no OTP. Just saw it on my mail
And those stupid bank would always say "you're probably careless with your ATM details, there's nothing they can do"
And yes, that's it, you'll never see the money again

Jay5mie:



I REMEMBER TRYING TO PAY MY ADMISSION FEE TO A COLLEGE IN CANADA, IMMEDIATELY I FILLED MY DETAILS, I RECEIVED AN ALERT. NO OTP REQUEST OR ANY MEANS TO CONFIRM IF I WAS THE ONE WHO AUTHORIZED THE TRANSACTION.

NA THAT DAY I GET SENSE.

Aidejay:
@OP sorry for your loss, to answer your question.

Does it mean someone's money can be wiped off without OTP? - Your money can't be wiped off without OTP it's either the thief's found a way to get the otp by rerouting the destination of the otp message or someone gained access to your brothers phone and copied the otp when it was sent.

What happens to bank security? Because if someone doesn't send OTP, isn't the person safe. - You can't blame the bank. you guys were meant to block the card immediately. infact a call to customer care line would have done that.

Is there anyway the funds can be retrieved.
Please, help a brother. - Yes but it will require patience and you will have to be comfortable with the idea that the money is forever gone.

once again sowwie!!!

for people who like history check this out - https://www.nairaland.com/6940016/these-unexplored-historical-photos-remarkable

Felabrity:
You lost your brother card since last month and he didn't block the card.

baralatie:

No sms alert?

Omniman:
your brothers money is now history.

I remember my uncle who is a DPO. They wiped out his 1.2m. He was crying like a baby.

Bank couldn't do shii

doggedfighter:
So anyone can easily lay hands on another


person's ATM and withdraw without knowing the pin?







...

slawormiir:
Damnnn niggar

Am thinking maybe the otp generated was a hard token.....instead of soft token....even as at that they still need your brother to call them the hard token first

It looks like a foreign/online transaction





Otp does not go to email address

aminusodiq:
yes... I buy goods online with my atm card without pin or otp... I was shocked when I found out too.


The good side is.. Once an atm is linked to the site.. You can't link it again.
If you ever loose your atm card with funds... Block it immediately

Idrisab:
To be a lil safe in this naija
Block your ATM and don't collect another one
If you know you want to withdraw
Transfer to POS guys
Or get another acct with ATM which you'll Only transfer to when you want to withdraw

About OTP
There's been series of issues concerning money disappearing with or without OTP and are usually online payment so block your ATM and be safe