SIM Swapping Victims Who Lost Millions Are Pressuring Telcos to Protect Their Customers

In the last year, hundreds—perhaps thousands—of people have had their phone numbers hijacked by hackers looking to steal their unique Instagram usernames or their cryptocurrency. Using a technique known as SIM swapping—a process by which criminals take control of a target’s phone number—hackers have been able to steal millions of dollars from bitcoin and other digital currencies investors.

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