SIM Cloning Fraud Alert: Have you ever received a notification regarding your mobile number being inactive or out of service unexpectedly? If yes, it could be a sign of a dangerous scam. We are talking about SIM cloning fraud. This fraud involves scammers creating a duplicate of your SIM card which further allows them to potentially steal your money and wreak havoc on your digital life. Check how you can stay safe from this scam below.
SIM Cloning Fraud: How It Works?
Your SIM card information can be obtained by fraudsters in several ways, such as by using malware to steal data from your phone or social engineering techniques to coerce you into disclosing information. They can make a copy of your SIM card and use this information to activate it on another device. Once enabled, the scammer’s smartphone will receive calls, messages and even two-factor authentication codes intended for your phone.
How Can SIM Cloning Scam Cost You Big?
The biggest risk is the two-factor authentication codes that have been taken by the scammers. Banks and other financial organizations frequently use these numbers to confirm your identification when you deal with online transactions. Scammers can access your bank accounts, investing platforms or any other service that requires two-factor authentication by using these codes to surpass security safeguards.
SIM Cloning Fraud: Tips to Stay Safe
Keep Your Data Safe
According to experts, you should never share even a piece of personal data with someone you don’t know. This information can include one-time codes. Always cross-check if the person you are talking with is known or not before sharing such information.
Beware of Phishing Attacks
Phishing emails or texts can attempt to deceive you into opening harmful attachments or installing software made to obtain your SIM card details. Always avoid clicking on such links and verify the sender’s address.
Enable Pin Security on Your SIM Card
Enabling PIN security on your SIM card is one of the most efficient ways of preventing SIM clone fraud. If you set a PIN security for your SIM card, making a clone of your SIM card becomes a near-impossible task.
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER.