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Criminals employ SIM swapping to access victims’ bank and cryptocurrency accounts illicitly and other sensitive data.
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The FBI recorded 320 complaints of SIM swap attacks between 2019 and 2020, resulting in an estimated $12 Million loss.
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In 2021, the agency received over 1,600 SIM swap complaints, causing estimated losses of approximately $68 Million.
To protect customers from increasing digital risks, the United States Federal Communications Commission (FCC) has proposed new rules to combat the proliferation of “SIM swap” and “port-out scams.”
Fraudsters are increasingly exploiting vulnerabilities in mobile communication networks to get unauthorized access to victims’ personal and financial information.
In this article, we’ll break down SIM swap fraud for you, explain how it works, and provide you with suggestions on how to secure your phone number.
How Do SIM Swap Attacks Work?
SIM swap attacks, a form of identi
We współpracy z: https://www.thecoinrepublic.com/2024/02/04/understanding-sim-swap-attacks-and-how-to-safeguard-yourself/
