Fake Cell Towers Used to Steal OTPs and Bank Details

Cybercriminals are deploying fake mobile towers to intercept one-time passwords (OTPs) and banking alerts, creating a dangerous new fraud method. These fraudulent towers trick devices into connecting to them instead of legitimate networks, allowing attackers to capture sensitive authentication codes and financial notifications. Once intercepted, criminals can bypass security measures and gain unauthorized access to bank accounts. This technique exploits the fundamental vulnerability in how mobile devices select network connections. Indians are advised to be cautious of sudden network disconnections, use banking apps with additional security features, and avoid conducting sensitive transactions when experiencing unstable network conditions. Source: The420.in