In a sim swapping scam, scammers gain access to your SIM card and manipulate the network provider to link your number to their card.
Scammers gain access to your SIM card and trick your network provider into linking your number to their SIM. This allows them to bypass two-factor authentication and access your bank's OTPs.
Be cautious with suspicious individuals.
Contact your provider and block your number if your SIM is locked or displays errors.
Consider using SIM lock and disable UPI and internet banking.
Change your passwords regularly for added protection.
Monitor your account details and report any fraudulent transactions to the bank promptly.
Opt for the two-factor authentication security feature to safeguard your information.
Length matters; a longer password is more secure, as emphasized by Paytm's CEO.
A Delhi advocate lost Rs 50 lakh to a SIM swapping scam. The scammer posed as a courier, but the advocate didn't share OTP, following a vital safety practice.