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If your phone starts doing this, keep an eye on your checking account.

If your phone starts doing this, keep an eye on your checking account.

Cybercrime is the order of the day, and that's why it's important to stay up-to-date on the techniques and scams cybercriminals use to try to trick you and steal your money. In today's article, we're going to tell you what SIM swapping is and how you can detect and prevent it.

SIM swapping is a technique that has become increasingly popular among cybercriminals. It involves fraudulently duplicating a mobile phone's SIM card.

This is useful for cybercriminals, who have previously impersonated the victim with the telephone company and obtained a copy of the SIM, to block the phone service of the person they are targeting and thus take control of their online bank account using the verification SMS messages that arrive on the phone number.

How can they impersonate you?

Here, cybercriminals have a wide variety of ways to obtain your personal information in order to impersonate you. Some techniques involve social engineering attacks , where they trick the victim into entering their ID or contract number through fraudulent calls, text messages, or emails. In other cases, simply digging through social media can reveal this information.

And as always, there's also the threat of having downloaded malware or installed a virus by opening a document or link that comes to us.

How to recognize and prevent these attacks

Fortunately, there's a clear sign that your SIM has been duplicated. If you notice that your mobile phone is losing coverage for no apparent reason, it's best to contact your carrier. If they confirm that a duplicate has been made, the first thing you should do is change your bank account login credentials and contact your bank, explaining what happened.

When it comes to prevention, it's vital that you never provide your personal or banking information via links included in suspicious emails or text messages, or in unsolicited calls.

At the same time, you should be careful about what you post on your social media accounts, and it's always a good idea to control who has access to them by setting your profile privacy settings. Another common mistake is entering sensitive login information while connected to a public Wi-Fi network.

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