SIM SWAP Fraud

A New Case of SIM SWAP Fraud in India’s Capital

Delhi:  The newest SIM swap or phone hacking victim in the nation’s capital is a city-based counsel from North Delhi who missed three calls from unknown callers and lost money from her bank account.

SIM SWAP Fraud

The lawyer didn’t answer any of the accused’s phone calls, and she didn’t provide any personal information or an OTP, according to the Delhi Police’s Cyber Cell, but the suspect was still able to obtain all of her personal information, including banking information, and took her money.

On October 18, when the trial and high court advocate reported the event, she informed the police that she had lost thousands of rupees from her account. Information on the sum that was defrauded was withheld by the police. The 35-year-old advocate, according to an officer, missed three calls from a cell phone number.

Later, when she contacted the individual from a different number, she was informed that it was a delivery call from a courier.

“She only gave the accused her home address because she thought she would be getting a parcel from a friend, which she did.” Later, she became concerned after receiving two messages from her financial services application regarding unauthorized withdrawals of two funds. The advocate had not disclosed any passwords, OTPs, or banking information. When she came to us, we discovered that money had been deducted multiple times without her permission, according to the police who described the incident as “SIM Swap fraud.”

The probe also turned up “unusual” browsing histories for websites and portals that the woman hadn’t visited. She also received SMSs including links to phishing websites, and a strange message requesting some sort of UPI registration was also discovered. The woman claimed to be unrelated to UPI or any other such website, the officer said.

In her complaint, the woman also claimed that she received a call from a man pretending to be an IFSO officer asking for her bank statement following the scam. Fortunately, she kept her information to herself, the officer noted.

No suspects have yet been named, according to the police. The cyber cell has received a case, and transactions are being examined to determine who the accused is.

This is the third or fourth instance of phone hacking or SIM switch fraud in Delhi, where the accused often acquire mobile phone numbers and use a cell carrier to transfer them to a new SIM card. According to the police, the accused use contacts at mobile firms to obtain information about their targets and then switch SIM cards using other contacts at cell carriers. Once they take control of the SIM card, they are able to obtain the OTPs and password information needed to access their targets’ bank accounts.

What is a SIM card SWAP Fraud?

SIM SWAP Fraud

A sort of cybercrime called SIM swapping fraud, sometimes referred to as SIM card swapping or SIM hijacking, occurs when an attacker fraudulently seizes control of the victim’s mobile phone number. In order to transfer the victim’s phone number from their SIM card to the attacker’s SIM card,

For this, the attacker must trick the victim’s mobile provider. Once the attacker obtains access to the victim’s phone number, they may be able to access several internet accounts and carry out fraud.

The following are typical indicators that your SIM card may have been changed without your consent:

  1. Mobile Service Loss,
  2. Unusual Behavior,
  3. Email or account inaccessibility,
  4. Alerts for Account Changes,
  5. Unusual 2FA Codes, etc.

About The Author:

Yogesh Naager is a content marketer who specializes in the cybersecurity and B2B space.  Besides writing for the News4Hackers blog, he’s also written for brands including CollegeDunia, Utsav Fashion, and NASSCOM.  Naager entered the field of content in an unusual way.  He began his career as an insurance sales executive, where he developed an interest in simplifying difficult concepts.  He also combines this interest with a love of narrative, which makes him a good writer in the cybersecurity field.  In the bottom line, he frequently writes for Craw Security

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