Scammers can take over your accounts by swapping over your SIM to a new phone. With access to your number, these scammers have access to your 2FA via text for security. SIM Swapping is usually a social engineering scam as they have enough information on you to trick your carrier into giving your number away. Or the scammers could know an employee who can override some aspects to make the SIM Swap successful.Successful sim swaps has caused losses in billions of dollars over the years from account takeovers. Any account that uses your phone number is phone number is vulnerable to a Sim Swap attack. SIM Swaps are very personal and never random. If your phone is ported over that means scammers already have vital information on other financial accounts you have. Meaning they could have login to your bank credentials, crypto wallets, retirement accounts, and other financial assets. All the scammers are missing is your verification codes from your phone number.MY FREE Advice for SIM Swap protection: Make sure you have a carrier PIN enabled. With your cellular service provider ask about additional security methods for porting over your phone number. If you want ADVANCED strategies on how to protect yourself from SIM Swaps and other financial attacks, DM "PROTECT" as we are launching our fraud prevention course. The Best Consumer Fraud Prevention Course To Protect Your Assets. via /r/u_kleptonomo https://ift.tt/lpi3jFe
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