30-second summary:
A recent article discussed a SIM Swap Scam, also known as SIM Cloning Scam, which exploits a vulnerability in two-factor authentication systems that use SMS messages for verification codes. Attackers attempt to take control of a victim’s mobile phone number by persuading the victim’s mobile carrier to transfer the number to a new SIM card under the attacker’s control. This allows the attackers to intercept verification codes and gain unauthorized access to the victim’s accounts. It is crucial for individuals to be vigilant and promptly report any suspicious activity to prevent falling victim to such scams.
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