Your phone number can unlock your bank, email and social accounts.
Direct answer
SIM swap fraud happens when criminals persuade your mobile provider to transfer your number to a new SIM that they control. They then receive your texts and calls, including login codes, and can access your accounts. Protect yourself with a mobile account PIN, authenticator apps and by limiting personal information online.
Warning signs
- Sudden loss of signal on your phone.
- Alerts about password changes or logins you did not make.
- Provider messages about a SIM change you did not request.
Protect yourself
- Ask your provider about extra account security such as a PIN.
- Use an authenticator app or security key instead of SMS codes where possible.
- Do not post your phone number, birth date and address publicly.
- Be careful with phishing links.
If it happens
Contact your provider immediately, then your bank and email provider. Change passwords and report to authorities.
Where Teyro fits
Teyro's How Scams and Financial Fraud Work course turns this into short lessons you can play in a few minutes a day. It has 50 lessons, and you can start free.
The bottom line
Do not make your phone number the only key to your accounts.
This is general education, not personal financial advice.
