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SECURITY SPOTLIGHT: Understanding SIM Swapping

 

SECURITY SPOTLIGHT: Understanding SIM Swapping

How hackers hijack your phone—and how to stop them

WHAT IS SIM SWAPPING?
SIM swapping is a form of identity theft where criminals trick your wireless carrier into transferring your phone number to a new SIM card they control. Once they have your number, they can intercept two-factor authentication codes and gain access to your sensitive accounts.

HOW IT WORKS:
• A hacker gathers your personal details (e.g., name, phone number, address) from data breaches or social media.
• They contact your phone provider, posing as you, and request a SIM transfer.
• Your phone loses service, and they use your number to access your bank, email, or crypto accounts.

WHY GEORGIANS SHOULD CARE:
With Georgia’s fast-growing fintech sector and widespread use of mobile banking and crypto trading, residents are prime targets. Victims range from everyday users to professionals handling sensitive financial data.

PROTECT YOURSELF:
Use app-based authentication like Google Authenticator—avoid SMS-based 2FA.
Set a PIN or passcode with your wireless carrier.
Limit public exposure of personal info on social media.
Beware of phishing texts or emails requesting sensitive information.
Enable real-time account alerts for suspicious logins or changes.

WHAT TO DO IF YOU’RE TARGETED:
• Immediately contact your mobile provider.
• Change your passwords and secure linked accounts.
• Report the crime at www.ic3.gov (FBI Internet Crime Complaint Center).
• Notify your bank and service providers.

STAY AHEAD OF CYBERCRIME
SIM swapping is on the rise. Awareness and preventive action are your first lines of defense.

 

 

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