Missed Call Fraud: Recently a news came out that a person living in Delhi gets missed calls many times on his phone. Along with missed calls, a blank call also comes on the person’s phone, in which no one speaks. Then suddenly he comes to know that 50 lakh rupees have been withdrawn from his bank account. Usually it happens that the person has to give approval through one-time password (OTP) for the transaction. This OTP comes on the person’s mobile number, but in this case, the entire work was done by the missed call itself.
Sim swap is being told as the reason behind this, the personal details of the victim get in the hands of the fraudsters. Let us know in today’s news that what is SIM swap fraud, how someone can steal money from your account using this technique.
What is sim swap?
SIM swap fraud is no different from other frauds. In this also the same people become victims, who become careless. In SIM swap fraud, cyber criminals get hold of your phone number. These cybercriminals take users’ data from various websites, it also includes email. After this, they send phishing emails to the email IDs of the users. With this, when cybercriminals have all the necessary details, they go to the telecom operator and ask them to issue a duplicate SIM. For this they tell them that the phone is lost or the SIM is damaged.
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Now if the duplicate SIM becomes active, then the old SIM itself gets switched off. After this, cyber criminals gain access to people’s accounts. They receive OTP on the linked mobile number.
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