Experts have raised the alarm about SIM swapping fraud after the number of recorded scams surged tenfold in a year. There was a 1,055 per cent increase in unauthorised phone SIM swaps in the UK in ...
ICICI Bank and Vodafone Idea were fined ₹1.19 crore in a SIM-swap cyber fraud case where fraudsters exploited SIM issuance and bank security lapses to access accounts and steal ₹1.2 crore.
Have you heard of SIM swapping? It’s a new trick that hackers are using to get money and mess up your life. So, what is SIM swapping? It’s when a hacker tricks your cell phone company into thinking ...
A growing number of cyber-criminals are collecting personal information shared on social media to hijack people's mobile phone numbers, police have said. Fraudsters then steal bank security codes as ...
Your phone number could be stolen, giving thieves access to your accounts. Robert Ross had never heard of the crime of “SIM swapping” until he became a victim. “I saw a notification for a withdrawal ...
We live in a fast-paced digital world, and smartphones have become a staple of our everyday lives. We rely on the device for everything from communication to banking to controlling all of our ...
Smartphones have been a boon to productivity and convenience. Many consumers have shifted their banking and investment transactions to the time-saving apps on their phones. But along with convenience, ...
Our mobile phone numbers have become a de facto form of identification, but they can be hijacked for nefarious purposes. Just such an attack may have been involved in the recent very damaging ...
With a SIM-swapping attack, scammers hijack your phone number to gain access to apps on your phone—including banking apps.
A subscriber identity module (SIM) was traditionally a small, removable card in your mobile phone that identified your phone number and authenticated your identity to a mobile network. When you got a ...
The convenience of eSIM cards has opened a potential security hole for bad actors. Smartphones have been a boon to productivity and convenience. Many consumers have shifted their banking and ...