SIM Swapping and Its Risks

SIM swapping, also known as SIM hijacking, is a process where hackers gain control of a person's phone number by deceiving telecom companies into transferring the number to their own device. This technique allows them to intercept calls and text messages, particularly those containing sensitive information like password resets and two-factor authentication codes. The case of actress Sydney Sweeney highlights the vulnerability of personal data; after her phone number was compromised, hackers used it to promote a cryptocurrency scheme from her account. The ramifications of SIM swapping are severe, as it not only exposes individuals to identity theft but can also lead to financial loss and privacy invasion.