What is SIM Swap Attack/Fraud/Scam? How to Protect Yourself from It?
What is SIM Swapping Attack Fraud? SIM swapping is a type of scam that allows fraudsters to get hold of your phone number which in turn allows them to take over any social media accounts that’s linked with it. If you are unlucky, they can even use this trick to get into your bank accounts and that is a disaster that you don’t want to go through. If you are thinking, how can anyone get hold of your number, it’s easy. The attackers use the service provider’s ability to seamlessly port a telephone number to a device containing a different subscriber identity module (SIM). This feature was introduced by carriers to help users who have lost their smartphones to easily get their old number back. However, the mobile carriers have become so lax when it comes to verifying the identity of the caller, that they are easily duped. So, someone who has acquired basic information about you can call your mobile service provider and have your SIM ported to a different phone. There also have been...