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FBI warns increase in ‘SIM swaps’ is costing consumers millions l GMA

   February 19, 2022  20 Comments on FBI warns increase in ‘SIM swaps’ is costing consumers millions l GMA

“SIM swaps,” when someone transfers your phone number to a new device without authorization, can allow someone to access your personal accounts, including at your bank.
READ MORE: https://abcn.ws/3LyjB6p

#ABCNews #SIMSwap #Scams #Phishing

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20 thoughts on “FBI warns increase in ‘SIM swaps’ is costing consumers millions l GMA”

  1. This happened to me. I use multifactor plus a few other things. They reset my email password to gain access to a crypto account. The 'high security password from t mobile' is useless. Their system showed my password and account were accessed from different stores accross the country when they were closed. Changed my number. And closed all accounts since I sold everything anyway.

  2. I think the FBI should be concerned about the growing evidence of corruption in their own department? ABC supporting the corruption. You all remind me of the violin players on the deck of the Titanic while the ship is sinking…

  12. You are missing the point. It's not multifactor authentication on the device that matters, if the person uses a sim in another device. It's multifactor authentication on the account.

    And that's also part of the problem, if the multifactor incolves sending a text to your phone. That's why they are doing a sim swap in the first place. It's so they can get text messages for 2FA.

    Having an authentication app instead of using a text message helps. Unfortunately, the carrier for your phone account would have to support it.

    T-Mobile is oblivious to the concept. They allow the use of an authentication app, but it's an additional alternative, not instead of a text message. They give no way of disallowing a text message for 2FA so the app doesn't help.

    Make sure to use a password that is nothing like any that you use for anything else. It can't hurt to complain to T-Mobile that they need to get their act together.

  16. The corporate US government is bankrupt, is this an excuse so when the illegitimate DC Davos government starts hacking into personal bank accounts so they can help fund their illegitimate government.

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