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How does it work?
In the WhatsApp OTP scam, the hacker sends you a message claiming to be your friend and says that he/she is in some sort of emergency. The hacker will then ask you for an OTP, which he will claim that he has sent to your number mistakenly.
When you get messages like this, do not indulge in any further conversation or send the OTP code, which actually provides access to your WhatsApp account.
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How to safeguard yourself
You can enable two-factor authentication on WhatsApp:
Open WhatsApp on your phone and tap on the three dots (top-right corner).
Tap on ‘Settings from the dropdown, and then ‘Account’.
Now, enable two-factor authentication from the menu. Enter (and re-enter) the six digit PIN.
When probed, enter (and re-enter) your email address. You can choose to skip this step.
Click on ‘Done’. With this, two-factor authentication has been enabled.