SIM card fraud is common, a big concern and is used extensively by hackers but now with the change in technology they are also evolving. The new report claims that these hackers are now relying on eSIM profiles to transfer your primary number to steal data and money. eSIM is a digital version of a SIM card that can be programmed remotely and bad actors are using this capability to bypass the physical card and gain access to it using the eSIM.
As we all know that mobile numbers can be used to get any type of data, and these hackers are now using this trick to get easy control over other phones.
The report also cites FACCT, a Russian cyber security firm that has issued a report related to eSIM. The latest security issue talked about is the fact that eSIMs can be activated using QR codes, which makes them an easy prey.
You might think that telecom companies would have a strong mechanism to avoid falling prey to this fraud, but these hackers know that having the basic information of the owner allows them to clear the authentication steps and give the telecom companies the accounts they need. Permission is granted to make changes.
So, what happens when these bad actors are able to access phone numbers? The company says that they will try to steal money from bank accounts and even obtain personal information through messaging apps. eSIM has largely been a secondary option for most people, however, Apple does have an eSIM-only iPhone model available in select countries Those who are interested should be aware of this fraud and have been advised to keep their details safe .
People may need to activate two-factor authentication for their accounts, or even consider securing these accounts with the help of authenticator apps.