What is mobile hijacking and how to stop it

Mobile hijacking is a term that is used to describe the act of taking over another person’s mobile phone number through call forwarding, adding a device, porting, intra-porting, or subscriber identity module (SIM) swapping. After hijacking a phone number, the fraudster is able to intercept one-time passcodes (OTPs) that are sent as part of a multi-factor authentication process. Gaining access to the OTPs allows them to impersonate the consumer and gain unfettered access to bank and other accounts. In this blog, we will explore what these hijacking methods are and how to detect them.