“Ganda hai par dhandha hai”, says a man in a recording of a conversation accessed by Mint. In hindi, it means that a dirty job is still a job.
The man speaking is apparently a senior information technology (IT) official at Bank of Baroda (BoB). During this conversation with a colleague, in March this year, he explains how to exploit a loophole in the system to open new accounts and inflate onboarding on the bank’s mobile app, called ‘bob World’.
At the time, BoB branch officials could tap a link to open accounts using their personal mobile phones. To thwart any unwarranted use of the link, the bank has a ‘maker and checker’ function, where one person initiates the opening and another verifies it.
The account opening had to therefore be authorized at the back-end before transactions could happen. However, in the interim, the bob World app could be downloaded by the registered mobile number, and though it could not be used, the registration would add to the app’s user numbers.
Source: Live Mint