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| Name | SIM Swap Fraud Explained in Under 60 Seconds |
| Video Uploader | Video From MDF LAW - Investor & Consumer Advocates |
| Upload Date | This Video Uploaded At 22-03-2023 13:07:27 |
| Video Discription | Sim swapping is a type of phone fraud that involves stealing someone's phone number and using it to gain access to their online accounts. The process typically involves the scammer convincing a mobile phone provider to swap the victim's phone number to a SIM card controlled by the scammer. It is also known as SIM hijacking. Once the scammer has control of the phone number, they can use it to reset passwords on the victim's online accounts, bypassing two-factor authentication (2FA) security measures that rely on sending a code to the victim's phone number. This can give the scammer access to sensitive information, such as bank accounts, social media accounts, and email accounts. Sim swapping is a growing problem, and victims can suffer significant financial losses and other consequences. To protect against sim swapping, it's recommended to use strong and unique passwords for all accounts, enable two-factor authentication using an app-based method rather than SMS, and to contact your mobile phone provider to set up additional security measures to prevent unauthorized SIM swaps. For more information, please visit: https://mdf-law.com/sim-card-swap-lawsuit/ |
| Category | News & Politics |
| Tags | SIM Swap | Sim Swapping | Crypto |
