The FCC wants to force phone carriers to guard against SIM-swapping, port-out scams

guest · Sep 30, 2021

The FCC wants to force phone carriers to guard against SIM-swapping scams
September 30, 2021
https://www.cyberscoop.com/fcc-sim-swapping-scams-t-mobile/

The Federal Communications Commission proposed rules Thursday aimed at curbing the threat of attacks in which cybercriminals use a victim’s personal information to steal their phone number and swap it into a scammer-controlled device, a technique known as “SIM-swapping” or “port-out fraud.”

Specifically, the proposed rule would amend the rules regarding porting numbers from one account or phone to another to include a requirement that carriers “adopt secure methods of authenticating a customer.” The draft rule also proposes that careers be required to immediately notify customers of any request to swap or port-out their number.
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Scammers can use such access to reset or takeover other accounts, including social media profiles or financial accounts.

SIM-swapping can give cybercriminals more than access to vctims’ messages or calls.
While security experts have long criticized carriers for not doing enough to safeguard customers, it’s not yet clear how far the new rules will go in helping victims.

“Great to see anti SIM-swapping rules proposed,” Rachel Tobac wrote on Twitter.
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FCC: FCC Combating Scams Used to Commandeer Consumers' Cell Phone Accounts

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The FCC wants to force phone carriers to guard against SIM-swapping, port-out scams

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