SIM swappers have tailored their assaults to steal a goal’s telephone quantity by porting it into a brand new eSIM card, a digital SIM saved in a rewritable chip current on many current smartphone fashions.
Embedded Subscriber Identification Modules (eSIMs) are digital playing cards saved on the chip of the cellular machine and serve the identical function and objective as a bodily SIM card however could be remotely reprogrammed and provisioned, deactivated, swapped, deleted.
A consumer can usually add an eSIM to a tool that helps the performance by scanning a QR code from the service supplier.
The know-how is changing into more and more well-liked amongst smartphone makers as a result of eSIMs get rid of the necessity for a SIM card slot and might provide mobile connectivity on small wearables.
Russian cybersecurity agency F.A.C.C.T. experiences that SIM swappers within the nation and worldwide have been benefiting from this shift to eSIMs to hijack telephone numbers and bypass protections to entry financial institution accounts.
“For the reason that fall of 2023, analysts from F.A.C.C.T.’s Fraud Safety have recorded greater than 100 makes an attempt to entry the non-public accounts of shoppers in on-line providers at only one monetary group,” reads the press launch.
“To steal entry to a cellular quantity, criminals use the perform of changing or restoring a digital SIM card: transferring the telephone from the sufferer’s ‘sim card’ to their very own machine with an eSIM.”
Beforehand, SIM swappers relied on social engineering or labored with insiders at cellular service providers to assist them port a goal’s quantity. Nonetheless, as corporations applied extra protections to thwart these takeovers, cybercriminals turned their consideration to rising alternatives in new applied sciences.
Now, attackers breach a consumer’s cellular account with stolen, brute-forced, or leaked credentials and provoke porting the sufferer’s quantity to a different machine on their very own.
They will do that by producing a QR code by the hijacked cellular account that can be utilized to activate a brand new eSIM. They then scan it with their machine, primarily hijacking the quantity.Â
Concurrently, the reputable proprietor has their eSIM/SIM deactivated.
“Having gained entry to the sufferer’s cell phone quantity, cybercriminals can get hold of entry codes and two-factor authentication to varied providers, together with banks and messengers, opening up a mass of alternatives for criminals to implement fraudulent schemes,” defined F.A.C.C.T. analyst Dmitry Dudkov.
“There are a lot of variations of the scheme, however fraudsters are most concerned with on-line banking providers.”
A bonus for the attackers is that by porting the quantity to their machine, they acquire entry to SIM-linked accounts in varied messenger apps, which opens up extra alternatives for scamming different folks, like posing because the sufferer and tricking them into sending cash.
To defend towards eSIM-swapping assaults, researchers advocate utilizing advanced and distinctive passwords for the mobile service supplier account and enabling two-factor authentication if out there.
For extra precious accounts, corresponding to e-banking and cryptocurrency wallets, customers ought to contemplate defending them with bodily keys or authenticator apps.
SIM swappers have tailored their assaults to steal a goal’s telephone quantity by porting it into a brand new eSIM card, a digital SIM saved in a rewritable chip current on many current smartphone fashions.
Embedded Subscriber Identification Modules (eSIMs) are digital playing cards saved on the chip of the cellular machine and serve the identical function and objective as a bodily SIM card however could be remotely reprogrammed and provisioned, deactivated, swapped, deleted.
A consumer can usually add an eSIM to a tool that helps the performance by scanning a QR code from the service supplier.
The know-how is changing into more and more well-liked amongst smartphone makers as a result of eSIMs get rid of the necessity for a SIM card slot and might provide mobile connectivity on small wearables.
Russian cybersecurity agency F.A.C.C.T. experiences that SIM swappers within the nation and worldwide have been benefiting from this shift to eSIMs to hijack telephone numbers and bypass protections to entry financial institution accounts.
“For the reason that fall of 2023, analysts from F.A.C.C.T.’s Fraud Safety have recorded greater than 100 makes an attempt to entry the non-public accounts of shoppers in on-line providers at only one monetary group,” reads the press launch.
“To steal entry to a cellular quantity, criminals use the perform of changing or restoring a digital SIM card: transferring the telephone from the sufferer’s ‘sim card’ to their very own machine with an eSIM.”
Beforehand, SIM swappers relied on social engineering or labored with insiders at cellular service providers to assist them port a goal’s quantity. Nonetheless, as corporations applied extra protections to thwart these takeovers, cybercriminals turned their consideration to rising alternatives in new applied sciences.
Now, attackers breach a consumer’s cellular account with stolen, brute-forced, or leaked credentials and provoke porting the sufferer’s quantity to a different machine on their very own.
They will do that by producing a QR code by the hijacked cellular account that can be utilized to activate a brand new eSIM. They then scan it with their machine, primarily hijacking the quantity.Â
Concurrently, the reputable proprietor has their eSIM/SIM deactivated.
“Having gained entry to the sufferer’s cell phone quantity, cybercriminals can get hold of entry codes and two-factor authentication to varied providers, together with banks and messengers, opening up a mass of alternatives for criminals to implement fraudulent schemes,” defined F.A.C.C.T. analyst Dmitry Dudkov.
“There are a lot of variations of the scheme, however fraudsters are most concerned with on-line banking providers.”
A bonus for the attackers is that by porting the quantity to their machine, they acquire entry to SIM-linked accounts in varied messenger apps, which opens up extra alternatives for scamming different folks, like posing because the sufferer and tricking them into sending cash.
To defend towards eSIM-swapping assaults, researchers advocate utilizing advanced and distinctive passwords for the mobile service supplier account and enabling two-factor authentication if out there.
For extra precious accounts, corresponding to e-banking and cryptocurrency wallets, customers ought to contemplate defending them with bodily keys or authenticator apps.
SIM swappers have tailored their assaults to steal a goal’s telephone quantity by porting it into a brand new eSIM card, a digital SIM saved in a rewritable chip current on many current smartphone fashions.
Embedded Subscriber Identification Modules (eSIMs) are digital playing cards saved on the chip of the cellular machine and serve the identical function and objective as a bodily SIM card however could be remotely reprogrammed and provisioned, deactivated, swapped, deleted.
A consumer can usually add an eSIM to a tool that helps the performance by scanning a QR code from the service supplier.
The know-how is changing into more and more well-liked amongst smartphone makers as a result of eSIMs get rid of the necessity for a SIM card slot and might provide mobile connectivity on small wearables.
Russian cybersecurity agency F.A.C.C.T. experiences that SIM swappers within the nation and worldwide have been benefiting from this shift to eSIMs to hijack telephone numbers and bypass protections to entry financial institution accounts.
“For the reason that fall of 2023, analysts from F.A.C.C.T.’s Fraud Safety have recorded greater than 100 makes an attempt to entry the non-public accounts of shoppers in on-line providers at only one monetary group,” reads the press launch.
“To steal entry to a cellular quantity, criminals use the perform of changing or restoring a digital SIM card: transferring the telephone from the sufferer’s ‘sim card’ to their very own machine with an eSIM.”
Beforehand, SIM swappers relied on social engineering or labored with insiders at cellular service providers to assist them port a goal’s quantity. Nonetheless, as corporations applied extra protections to thwart these takeovers, cybercriminals turned their consideration to rising alternatives in new applied sciences.
Now, attackers breach a consumer’s cellular account with stolen, brute-forced, or leaked credentials and provoke porting the sufferer’s quantity to a different machine on their very own.
They will do that by producing a QR code by the hijacked cellular account that can be utilized to activate a brand new eSIM. They then scan it with their machine, primarily hijacking the quantity.Â
Concurrently, the reputable proprietor has their eSIM/SIM deactivated.
“Having gained entry to the sufferer’s cell phone quantity, cybercriminals can get hold of entry codes and two-factor authentication to varied providers, together with banks and messengers, opening up a mass of alternatives for criminals to implement fraudulent schemes,” defined F.A.C.C.T. analyst Dmitry Dudkov.
“There are a lot of variations of the scheme, however fraudsters are most concerned with on-line banking providers.”
A bonus for the attackers is that by porting the quantity to their machine, they acquire entry to SIM-linked accounts in varied messenger apps, which opens up extra alternatives for scamming different folks, like posing because the sufferer and tricking them into sending cash.
To defend towards eSIM-swapping assaults, researchers advocate utilizing advanced and distinctive passwords for the mobile service supplier account and enabling two-factor authentication if out there.
For extra precious accounts, corresponding to e-banking and cryptocurrency wallets, customers ought to contemplate defending them with bodily keys or authenticator apps.
SIM swappers have tailored their assaults to steal a goal’s telephone quantity by porting it into a brand new eSIM card, a digital SIM saved in a rewritable chip current on many current smartphone fashions.
Embedded Subscriber Identification Modules (eSIMs) are digital playing cards saved on the chip of the cellular machine and serve the identical function and objective as a bodily SIM card however could be remotely reprogrammed and provisioned, deactivated, swapped, deleted.
A consumer can usually add an eSIM to a tool that helps the performance by scanning a QR code from the service supplier.
The know-how is changing into more and more well-liked amongst smartphone makers as a result of eSIMs get rid of the necessity for a SIM card slot and might provide mobile connectivity on small wearables.
Russian cybersecurity agency F.A.C.C.T. experiences that SIM swappers within the nation and worldwide have been benefiting from this shift to eSIMs to hijack telephone numbers and bypass protections to entry financial institution accounts.
“For the reason that fall of 2023, analysts from F.A.C.C.T.’s Fraud Safety have recorded greater than 100 makes an attempt to entry the non-public accounts of shoppers in on-line providers at only one monetary group,” reads the press launch.
“To steal entry to a cellular quantity, criminals use the perform of changing or restoring a digital SIM card: transferring the telephone from the sufferer’s ‘sim card’ to their very own machine with an eSIM.”
Beforehand, SIM swappers relied on social engineering or labored with insiders at cellular service providers to assist them port a goal’s quantity. Nonetheless, as corporations applied extra protections to thwart these takeovers, cybercriminals turned their consideration to rising alternatives in new applied sciences.
Now, attackers breach a consumer’s cellular account with stolen, brute-forced, or leaked credentials and provoke porting the sufferer’s quantity to a different machine on their very own.
They will do that by producing a QR code by the hijacked cellular account that can be utilized to activate a brand new eSIM. They then scan it with their machine, primarily hijacking the quantity.Â
Concurrently, the reputable proprietor has their eSIM/SIM deactivated.
“Having gained entry to the sufferer’s cell phone quantity, cybercriminals can get hold of entry codes and two-factor authentication to varied providers, together with banks and messengers, opening up a mass of alternatives for criminals to implement fraudulent schemes,” defined F.A.C.C.T. analyst Dmitry Dudkov.
“There are a lot of variations of the scheme, however fraudsters are most concerned with on-line banking providers.”
A bonus for the attackers is that by porting the quantity to their machine, they acquire entry to SIM-linked accounts in varied messenger apps, which opens up extra alternatives for scamming different folks, like posing because the sufferer and tricking them into sending cash.
To defend towards eSIM-swapping assaults, researchers advocate utilizing advanced and distinctive passwords for the mobile service supplier account and enabling two-factor authentication if out there.
For extra precious accounts, corresponding to e-banking and cryptocurrency wallets, customers ought to contemplate defending them with bodily keys or authenticator apps.
SIM swappers have tailored their assaults to steal a goal’s telephone quantity by porting it into a brand new eSIM card, a digital SIM saved in a rewritable chip current on many current smartphone fashions.
Embedded Subscriber Identification Modules (eSIMs) are digital playing cards saved on the chip of the cellular machine and serve the identical function and objective as a bodily SIM card however could be remotely reprogrammed and provisioned, deactivated, swapped, deleted.
A consumer can usually add an eSIM to a tool that helps the performance by scanning a QR code from the service supplier.
The know-how is changing into more and more well-liked amongst smartphone makers as a result of eSIMs get rid of the necessity for a SIM card slot and might provide mobile connectivity on small wearables.
Russian cybersecurity agency F.A.C.C.T. experiences that SIM swappers within the nation and worldwide have been benefiting from this shift to eSIMs to hijack telephone numbers and bypass protections to entry financial institution accounts.
“For the reason that fall of 2023, analysts from F.A.C.C.T.’s Fraud Safety have recorded greater than 100 makes an attempt to entry the non-public accounts of shoppers in on-line providers at only one monetary group,” reads the press launch.
“To steal entry to a cellular quantity, criminals use the perform of changing or restoring a digital SIM card: transferring the telephone from the sufferer’s ‘sim card’ to their very own machine with an eSIM.”
Beforehand, SIM swappers relied on social engineering or labored with insiders at cellular service providers to assist them port a goal’s quantity. Nonetheless, as corporations applied extra protections to thwart these takeovers, cybercriminals turned their consideration to rising alternatives in new applied sciences.
Now, attackers breach a consumer’s cellular account with stolen, brute-forced, or leaked credentials and provoke porting the sufferer’s quantity to a different machine on their very own.
They will do that by producing a QR code by the hijacked cellular account that can be utilized to activate a brand new eSIM. They then scan it with their machine, primarily hijacking the quantity.Â
Concurrently, the reputable proprietor has their eSIM/SIM deactivated.
“Having gained entry to the sufferer’s cell phone quantity, cybercriminals can get hold of entry codes and two-factor authentication to varied providers, together with banks and messengers, opening up a mass of alternatives for criminals to implement fraudulent schemes,” defined F.A.C.C.T. analyst Dmitry Dudkov.
“There are a lot of variations of the scheme, however fraudsters are most concerned with on-line banking providers.”
A bonus for the attackers is that by porting the quantity to their machine, they acquire entry to SIM-linked accounts in varied messenger apps, which opens up extra alternatives for scamming different folks, like posing because the sufferer and tricking them into sending cash.
To defend towards eSIM-swapping assaults, researchers advocate utilizing advanced and distinctive passwords for the mobile service supplier account and enabling two-factor authentication if out there.
For extra precious accounts, corresponding to e-banking and cryptocurrency wallets, customers ought to contemplate defending them with bodily keys or authenticator apps.
SIM swappers have tailored their assaults to steal a goal’s telephone quantity by porting it into a brand new eSIM card, a digital SIM saved in a rewritable chip current on many current smartphone fashions.
Embedded Subscriber Identification Modules (eSIMs) are digital playing cards saved on the chip of the cellular machine and serve the identical function and objective as a bodily SIM card however could be remotely reprogrammed and provisioned, deactivated, swapped, deleted.
A consumer can usually add an eSIM to a tool that helps the performance by scanning a QR code from the service supplier.
The know-how is changing into more and more well-liked amongst smartphone makers as a result of eSIMs get rid of the necessity for a SIM card slot and might provide mobile connectivity on small wearables.
Russian cybersecurity agency F.A.C.C.T. experiences that SIM swappers within the nation and worldwide have been benefiting from this shift to eSIMs to hijack telephone numbers and bypass protections to entry financial institution accounts.
“For the reason that fall of 2023, analysts from F.A.C.C.T.’s Fraud Safety have recorded greater than 100 makes an attempt to entry the non-public accounts of shoppers in on-line providers at only one monetary group,” reads the press launch.
“To steal entry to a cellular quantity, criminals use the perform of changing or restoring a digital SIM card: transferring the telephone from the sufferer’s ‘sim card’ to their very own machine with an eSIM.”
Beforehand, SIM swappers relied on social engineering or labored with insiders at cellular service providers to assist them port a goal’s quantity. Nonetheless, as corporations applied extra protections to thwart these takeovers, cybercriminals turned their consideration to rising alternatives in new applied sciences.
Now, attackers breach a consumer’s cellular account with stolen, brute-forced, or leaked credentials and provoke porting the sufferer’s quantity to a different machine on their very own.
They will do that by producing a QR code by the hijacked cellular account that can be utilized to activate a brand new eSIM. They then scan it with their machine, primarily hijacking the quantity.Â
Concurrently, the reputable proprietor has their eSIM/SIM deactivated.
“Having gained entry to the sufferer’s cell phone quantity, cybercriminals can get hold of entry codes and two-factor authentication to varied providers, together with banks and messengers, opening up a mass of alternatives for criminals to implement fraudulent schemes,” defined F.A.C.C.T. analyst Dmitry Dudkov.
“There are a lot of variations of the scheme, however fraudsters are most concerned with on-line banking providers.”
A bonus for the attackers is that by porting the quantity to their machine, they acquire entry to SIM-linked accounts in varied messenger apps, which opens up extra alternatives for scamming different folks, like posing because the sufferer and tricking them into sending cash.
To defend towards eSIM-swapping assaults, researchers advocate utilizing advanced and distinctive passwords for the mobile service supplier account and enabling two-factor authentication if out there.
For extra precious accounts, corresponding to e-banking and cryptocurrency wallets, customers ought to contemplate defending them with bodily keys or authenticator apps.
SIM swappers have tailored their assaults to steal a goal’s telephone quantity by porting it into a brand new eSIM card, a digital SIM saved in a rewritable chip current on many current smartphone fashions.
Embedded Subscriber Identification Modules (eSIMs) are digital playing cards saved on the chip of the cellular machine and serve the identical function and objective as a bodily SIM card however could be remotely reprogrammed and provisioned, deactivated, swapped, deleted.
A consumer can usually add an eSIM to a tool that helps the performance by scanning a QR code from the service supplier.
The know-how is changing into more and more well-liked amongst smartphone makers as a result of eSIMs get rid of the necessity for a SIM card slot and might provide mobile connectivity on small wearables.
Russian cybersecurity agency F.A.C.C.T. experiences that SIM swappers within the nation and worldwide have been benefiting from this shift to eSIMs to hijack telephone numbers and bypass protections to entry financial institution accounts.
“For the reason that fall of 2023, analysts from F.A.C.C.T.’s Fraud Safety have recorded greater than 100 makes an attempt to entry the non-public accounts of shoppers in on-line providers at only one monetary group,” reads the press launch.
“To steal entry to a cellular quantity, criminals use the perform of changing or restoring a digital SIM card: transferring the telephone from the sufferer’s ‘sim card’ to their very own machine with an eSIM.”
Beforehand, SIM swappers relied on social engineering or labored with insiders at cellular service providers to assist them port a goal’s quantity. Nonetheless, as corporations applied extra protections to thwart these takeovers, cybercriminals turned their consideration to rising alternatives in new applied sciences.
Now, attackers breach a consumer’s cellular account with stolen, brute-forced, or leaked credentials and provoke porting the sufferer’s quantity to a different machine on their very own.
They will do that by producing a QR code by the hijacked cellular account that can be utilized to activate a brand new eSIM. They then scan it with their machine, primarily hijacking the quantity.Â
Concurrently, the reputable proprietor has their eSIM/SIM deactivated.
“Having gained entry to the sufferer’s cell phone quantity, cybercriminals can get hold of entry codes and two-factor authentication to varied providers, together with banks and messengers, opening up a mass of alternatives for criminals to implement fraudulent schemes,” defined F.A.C.C.T. analyst Dmitry Dudkov.
“There are a lot of variations of the scheme, however fraudsters are most concerned with on-line banking providers.”
A bonus for the attackers is that by porting the quantity to their machine, they acquire entry to SIM-linked accounts in varied messenger apps, which opens up extra alternatives for scamming different folks, like posing because the sufferer and tricking them into sending cash.
To defend towards eSIM-swapping assaults, researchers advocate utilizing advanced and distinctive passwords for the mobile service supplier account and enabling two-factor authentication if out there.
For extra precious accounts, corresponding to e-banking and cryptocurrency wallets, customers ought to contemplate defending them with bodily keys or authenticator apps.
SIM swappers have tailored their assaults to steal a goal’s telephone quantity by porting it into a brand new eSIM card, a digital SIM saved in a rewritable chip current on many current smartphone fashions.
Embedded Subscriber Identification Modules (eSIMs) are digital playing cards saved on the chip of the cellular machine and serve the identical function and objective as a bodily SIM card however could be remotely reprogrammed and provisioned, deactivated, swapped, deleted.
A consumer can usually add an eSIM to a tool that helps the performance by scanning a QR code from the service supplier.
The know-how is changing into more and more well-liked amongst smartphone makers as a result of eSIMs get rid of the necessity for a SIM card slot and might provide mobile connectivity on small wearables.
Russian cybersecurity agency F.A.C.C.T. experiences that SIM swappers within the nation and worldwide have been benefiting from this shift to eSIMs to hijack telephone numbers and bypass protections to entry financial institution accounts.
“For the reason that fall of 2023, analysts from F.A.C.C.T.’s Fraud Safety have recorded greater than 100 makes an attempt to entry the non-public accounts of shoppers in on-line providers at only one monetary group,” reads the press launch.
“To steal entry to a cellular quantity, criminals use the perform of changing or restoring a digital SIM card: transferring the telephone from the sufferer’s ‘sim card’ to their very own machine with an eSIM.”
Beforehand, SIM swappers relied on social engineering or labored with insiders at cellular service providers to assist them port a goal’s quantity. Nonetheless, as corporations applied extra protections to thwart these takeovers, cybercriminals turned their consideration to rising alternatives in new applied sciences.
Now, attackers breach a consumer’s cellular account with stolen, brute-forced, or leaked credentials and provoke porting the sufferer’s quantity to a different machine on their very own.
They will do that by producing a QR code by the hijacked cellular account that can be utilized to activate a brand new eSIM. They then scan it with their machine, primarily hijacking the quantity.Â
Concurrently, the reputable proprietor has their eSIM/SIM deactivated.
“Having gained entry to the sufferer’s cell phone quantity, cybercriminals can get hold of entry codes and two-factor authentication to varied providers, together with banks and messengers, opening up a mass of alternatives for criminals to implement fraudulent schemes,” defined F.A.C.C.T. analyst Dmitry Dudkov.
“There are a lot of variations of the scheme, however fraudsters are most concerned with on-line banking providers.”
A bonus for the attackers is that by porting the quantity to their machine, they acquire entry to SIM-linked accounts in varied messenger apps, which opens up extra alternatives for scamming different folks, like posing because the sufferer and tricking them into sending cash.
To defend towards eSIM-swapping assaults, researchers advocate utilizing advanced and distinctive passwords for the mobile service supplier account and enabling two-factor authentication if out there.
For extra precious accounts, corresponding to e-banking and cryptocurrency wallets, customers ought to contemplate defending them with bodily keys or authenticator apps.