What Is A SIM-Swap Attack & How Can You Protect Yourself from It?
Fraud and account break-ins can be done by taking over a subscriber identity module (SIM) card or SIM swap. By taking over the SIM card, the perpetrator can access the victim's bank account causing unlimited losses. SIM swap cases that have occurred can steal victims' savings of up to millions. What Is a SIM Swap Attack? SIM swap attack is a SIM card takeover that aims to steal data and then break