We are back with the shocking news of the SIM swapping scam. This scam news is replacing controversy. This news has raised several questions in people’s minds. If you are also facing this problem then this article is very important for you. An advocate from Delhi said she lost 50 shorts due to a “SIM swapping scam”. As we know, this is not a small amount, it is a significant amount for everyone. What is SIM swap scam? How to protect yourself? The answers to the questions will be clarified in this article.
What is SIM swap scam?
According to the report, the woman received three missed calls from a known number. Her when she called the same number for a different number. The person answered the call and said that she had made the call through a messenger and then the lady shared the address of her house. When she completed her call, she received messages about two transactions from her bank. Police share that she had not shared any kind of OTP with the person. We will come back to this point, but first let’s take a look at What is SIM Swap Scam?
A scammer manages to access your SIM card. The suspect tricked the network provider into linking the number to the SIM card they had. If your number connects to your device during a call or message, the hacker overcomes the hurdle of two-factor verification and gains access to the OTP sent by the bank. This is the reason why they were successful in the scam.
How to protect yourself?
- First of all, do not entertain anyone if the person on duty seems suspicious to you. Pay attention to their sound or behavior when asking them questions.
- If you look at the SIM card and it shows an error message like “invalid”, quickly contact a service provider and block the number as soon as possible.
- You can take advantage of the SIM lock feature. It will help keep your data private.
- Keep an eye out for the known number and don’t talk to the person for a long time, if you receive it.
- In case of any fraudulent transaction, you must inform the bank as soon as possible.
Your password can also be the step to create a scam. Yes, Paytm Founder and CEO Vijay Shekhar Sharma mentioned that what matters is the length of the password and its length. Stay tuned for more updates.
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Source: vtt.edu.vn