Be­ware the SIM-lifters

SOPHOS: Fraud­sters cap­i­tal­ize on SIM swap­ping.

HWM (Malaysia) - - HOT SHOTS -

Get­ting a sim card is some­thing al­most ev­ery­one has done. if you’ve ever mis­placed your phone or your sim card, you'll know that the process of get­ting a re­place­ment sim is ef­fort­less, oth­er­wise known as sim swap­ping.

Ac­cord­ing to sopHos, scam­mers are now tak­ing ad­van­tage of this very process through phish­ing tac­tics or im­per­son­at­ing the telco to get you to ver­ify your per­sonal de­tails. once that is done, they can im­per­son­ate you and call up the ser­vice provider to re­quest for a re­place­ment sim. Af­ter ver­i­fy­ing their (read: your) au­then­tic­ity, your cur­rent sim will be­come in­ac­tive, while they gain your phone num­ber.

What hap­pens if you have been com­pro­mised? The iden­tity thief may change your ac­count de­tails, so if you try to con­tact the telco to in­form them that your se­cu­rity has been jeop­ar­dized, it most likely will not work. once they in­ter­cept your sim, the scam­mers may use your bank de­tails to make pur­chases that will be billed to you, or worse – drain your ac­count com­pletely.

What we can do to pro­tect our­selves from sim swap­ping frauds is to al­ways be cau­tious. if you get a sus­pi­cious call, email, or text from some­one claim­ing to rep­re­sent your ser­vice provider, do not di­vulge your de­tails. in­stead, con­tact your ser­vice provider to ver­ify the sus­pi­cious call that you re­ceived.

if you re­ceive end­less calls from an un­known party, ig­nore those calls in­stead of turn­ing your phone off. it could be an at­tempt by the scam­mers to dis­tract you, while at­tempt­ing to mess with your con­nec­tion. in­vest­ing in an anti-virus so­lu­tion works too. Lastly, be wary of what you post on so­cial me­dia, as the in­for­ma­tion could be used to an­swer se­cu­rity ques­tions.

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