Sim swap is a fraudulent activity that involves transferring a victim's phone number from their SIM card to a new SIM card. This new SIM card is then used by the attacker to gain access to the victim's accounts, including banking, email, and social media accounts. The attacker can also intercept two-factor authentication codes and other sensitive information sent to the victim's phone. Sim swap attacks are often perpetrated through social engineering tactics, such as tricking the victim into revealing their personal information or convincing them to provide their SIM card number. The consequences of a successful sim swap attack can be severe, including financial losses, identity theft, and compromised privacy. It is important for users to be vigilant and take steps to protect their personal information and prevent sim swap attacks, such as using strong passwords, enabling two-factor authentication, and keeping their mobile devices secure.
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