SIM hijacking recently emerged as fraudsters’ latest tactic to access your personal accounts. And to be honest, it’s impressive.
By tricking mobile service providers into believing he’s actually you, a hacker can transfer your telephone number to his device. Once the switch is made, the hacker gains access to your online accounts and can even receive two-factor authentication codes sent to your phone.
Although SIM hijacking takes a devastating toll on users’ privacy and digital security, the mobile industry is still struggling to prevent these kinds of attacks. But here’s what we know for sure: Phone numbers are a deeply flawed method of security.