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3 missed calls and your money is gone: Check how the 'SIM Swap' scam works

  • SIM Swap scams are on the rise in India, where scammers aim to gain access to duplicate SIM cards to exploit personal data.
  • A recent case involved a lawyer who lost money from her bank account after receiving three missed calls and without sharing any personal details or OTPs.
  • Scammers use various tactics, including unusual browsing history, phishing links, and UPI registration texts, to obtain personal information.
  • SIM Swap scammers aim to obtain personal data to collaborate with insiders at a mobile network and get a duplicate SIM card. This allows them unauthorized access to bank accounts and personal information.

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