SIM swapping is a cybercrime where scammers take control of your phone number by fraudulently transferring it to a new SIM card. This allows them to bypass two-factor authentication and access sensitive accounts like banking, email, and social media.
How Does SIM Swapping Happen?
Hackers trick mobile carriers by impersonating you, using stolen personal data to request a SIM transfer. Once they gain control, they intercept messages and authentication codes, locking you out of your accounts.
Example of a SIM Swap Scam
A victim suddenly loses network service, only to find their bank account drained. The scammer used the stolen number to reset passwords and make fraudulent transactions. Stay alert to prevent this fraud!
How to Protect Yourself
- Enable SIM lock and set a PIN with your carrier.
- Use app-based authentication instead of SMS for verification.
- Monitor unusual activity and avoid sharing personal details online.