SIM swapping, or a SIM swap scam, happens when a crook is able to take control of the personal information stored on your SIM card by accessing it from another phone.Īccording to the Federal Trade Commission (FTC), a successful SIM swap can occur if a scammer impersonates you and contacts your phone service provider with a bogus story.Īccording to the FTC’s website, “They may call your cell phone service provider and say your phone was lost or damaged. Additional Tips To Prevent This Scam From Happening to You.MVNOs (Dish, TracFone, Consumer Cellular and More).How To Prevent Sim Swapping With Your Cell Phone Carrier.I’ll also share some tips on how you can stay safe. In this article, I’ll explain what SIM swapping is and what phone carriers are doing about the issue.
While that statistic isn’t surprising, it does show how many of us are susceptible to a dangerous scam: SIM swapping.
According to the Pew Research Center, almost all American adults (97%) own a cell phone.
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