Used to be people cloned phones or sim cards to make long distance calls. Now that you phone is your access to things like your bank account, criminals are literally stealing money.

Read this article this morning, thought it would be helpful to help understand what it is, and how to protect yourself from it.

At its most basic level, a SIM swap is when someone convinces your carrier to switch your phone number over to a SIM card they own. They’re not doing it for prank call cover, or to rack up long-distance charges. By diverting your incoming messages, scammers can easily complete the text-based two-factor authentication checks that protect your most sensitive accounts. Or, if you don’t have two-factor set up in the first place, they can use your phone number to trick services into coughing up your passwords.
Source: https://www.wired.com/story/sim-swap...-defend-phone/