SIM hijacking and the flaws of traditional two-factor authentication

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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.

https://www.techradar.com/news/sim-hijacking-and-the-flaws-of-traditional-two-factor-authentication

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