What is a SIM swap scam?

By MindStick

SIM swap scams involve fraudsters tricking carriers into transferring phone numbers to a controlled SIM card, enabling them to access communication.

They steal bank accounts, social media accounts, and email addresses in order to get access to internet accounts, make fraudulent purchases.

To safeguard yourself from SIM swap scams, exercise caution when sharing online, avoid clicking on suspicious links or attachments.

To authenticate identity and prevent impersonation, use a password manager and check your mobile provider regarding security protocols for SIM swaps.

If you suspect a SIM swap scam, contact your carrier, change your online account passwords, and inform your bank or financial institution immediately.

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