Vikingjunior
10-22-2021, 01:47 PM
PSA: There is an ongoing issue with fraudulent SIM swaps going on with the phone carriers. Mostly it's an inside job where underpaid employees are taking money from hackers to swap your phone number to a different SIM card, then they have access to all your 2 step authentication accounts like financial institutions. So hackers just hit the “forgot password” button and banks sends verification code via text which the hacker now has access to.
Another fraud method is to go into the store and convince or bride an employee to add new phones to your account and swap your number to the new phones that thieves walk out the door with.
Some may remember the recent T-Mobile data breach in which millions of customers had everything from their driver's license to SS numbers compromised. Thieves use this information to bypass the ID security checks online and also gain access to your accounts.
It seems hackers are targeting people who have Crypto, they get past the verification with the SIM swap then either drain your Crypto or transfer money from your bank account and turn it into Crypto. If you are involved with Crypto don’t share that online like social media.
One way to protect yourself is to get rid of TEXT/SMS-based verification on all your accounts. Select Email instead for your 2 step verifications as the hacker would also need your Email credentials to access your account. Also, you can use an app-based authentication like Google Authentication.
Another way to protect yourself is by contacting your carrier and adding a lock for SIM transfers, although corrupt employees can still bypass this.
Another option is to go prepaid which doesn't require an SS number and thieves can’t charge new phones to your account.
I offer this information as I just saw a buddy get wiped out of his entire life savings and T-Mobile or Chase will not take any responsibility. Their response is to call the police.
I know most of you are aware of this but for those that don't, I hope it's helpful as we live in crazy times.
Another fraud method is to go into the store and convince or bride an employee to add new phones to your account and swap your number to the new phones that thieves walk out the door with.
Some may remember the recent T-Mobile data breach in which millions of customers had everything from their driver's license to SS numbers compromised. Thieves use this information to bypass the ID security checks online and also gain access to your accounts.
It seems hackers are targeting people who have Crypto, they get past the verification with the SIM swap then either drain your Crypto or transfer money from your bank account and turn it into Crypto. If you are involved with Crypto don’t share that online like social media.
One way to protect yourself is to get rid of TEXT/SMS-based verification on all your accounts. Select Email instead for your 2 step verifications as the hacker would also need your Email credentials to access your account. Also, you can use an app-based authentication like Google Authentication.
Another way to protect yourself is by contacting your carrier and adding a lock for SIM transfers, although corrupt employees can still bypass this.
Another option is to go prepaid which doesn't require an SS number and thieves can’t charge new phones to your account.
I offer this information as I just saw a buddy get wiped out of his entire life savings and T-Mobile or Chase will not take any responsibility. Their response is to call the police.
I know most of you are aware of this but for those that don't, I hope it's helpful as we live in crazy times.