How Scammers Use One-Time Passcodes Against Businesses
Bitdefender, Friday, June 19th, 2026
Criminals impersonating banks trick small business owners into sharing one-time passcodes that unlock fraudulent access.
Bitdefender details how bank impersonation scams threaten small business owners through social engineering rather than technical hacking. Scammers claim suspicious account activity exists, then request one-time passcodes under the guise of protection. Using data from breaches or public sources, they make their deception convincing enough to pressure busy entrepreneurs into acting quickly.
The article stresses that legitimate banks never request verification codes and advises contacting your bank through official channels. Strong practices like password management and employee awareness training help prevent these scams.