Experts have raised the alarm about SIM swapping fraud after the number of recorded scams surged tenfold in a year. There was a 1,055 per cent increase in unauthorised phone SIM swaps in the UK in ...

If you haven’t experienced SIM swap fraud, count yourself lucky. It’s a relatively new, sophisticated form of fraud that allows hackers to gain access to bank accounts, credit card numbers, and other ...

A SIM card is, effectively, a portable identity token. Once compromised, it gives attackers a back door into bank accounts, digital wallets, investment apps, and high-risk transactional environments.

SIM swap fraud, often called SIM hijacking, is a form of account takeover where criminals gain access to a victim's phone number. This allows them to assume control over the victim's mobile identity, ...