In a SIM swap scam, attackers trick your mobile service provider into transferring your number to a new SIM card. Once they have the means to control your number, they can intercept security codes sent via SMS to gain access to your online accounts. It allows them to rest passwords and gain full control.
These scams exploit weakness in mobile verification processes. Therefore, it’s essential for you to safeguard your account recovery options. Users should get in touch with their provider as soon as possible if they notice their phone losing signal unexpectedly and enable additional security measures for sensitive accounts.
