Search This Blog

Powered by Blogger.

Blog Archive

Labels

Showing posts with label two step verification. Show all posts

WhatsApp Hijack Scam, Here's All You Need To Know

 

By posing as a friend and asking for SMS security codes, scammers are continuing to target WhatsApp users and hijack their accounts. The con has been around for years, yet victims have continued to fall for it, with many sharing their stories on social media. Users should never give out their security codes to anyone, even if they appear to be a buddy, according to WhatsApp. 

If users receive six-digit WhatsApp codes that they did not expect, they should be concerned. When setting up a new account or signing in to an existing account on a new device, such codes are frequently seen. However, if the code is obtained unexpectedly (without the user's request), it could be a scammer attempting to gain access to your account. 

The fraudster would then send you a WhatsApp message asking for the code. The most essential thing to remember is not to share the code, as the message appears to be from a legitimate friend or family member in most circumstances, even though the account has already been hacked. 

One victim, Charlie, told the BBC, "I got a WhatsApp message from my good friend Michelle, stating she was locked out of her account. She stated she sent the access code to my phone instead of hers by accident and that I could just screenshot it and send it over." In actuality, Charlie had given the scammer the code to his own account. 

He told the BBC, "I guess I fell for it since we all know how annoying technology can be and I was eager to help. I didn't realise what had happened for a day." Charlie stated that he had deleted WhatsApp and would no longer use it. 

The hijacker can pretend to be you and send messages to your friends and family using a stolen account. They might act as if you're facing a financial emergency and beg your contacts for money. It also provides them with the phone numbers of your contacts, allowing them to try the six-digit code trick on fresh victims. By gaining access to your account, the fraudster will be able to see sensitive information in your group chats. 

WhatsApp advises users to be cautious and not reveal their One Time Password (OTP) or SMS security code to anybody, even friends and relatives. Citizens can also enable two-step verification for added security.

Understand how SIM Swapping can easily be used to hack your accounts!

We've all heard about sim swapping, SIM splitting, simjacking or sim hijacking- the recent trend with cybercriminals and now a study by Princeton University prooves the vulnerability of wireless carriers and how these SIM swapping has helped hackers ease their hands into frauds and crimes.



SIM swapping gained quite an attention when Twitter CEO Jack Dorsey’s account was hacked on his own platform. A study by Princeton University has revealed that five major US wireless carriers - AT&T, T-Mobile, Verizon, Tracfone, and US Mobile - are susceptible to SIM swap scams. And this sim hijacking is on a rise in developing countries like Africa and Latin America.

What is SIM swapping? 

SIM swapping is when your account is taken over by someone else by fraud through phone-based authentication usually two-factor authentication or two-step verification. This could give the hacker access to your email, bank accounts, online wallets and more.

How does the swap occur? 

In a SIM swap, scammers exploit the second step in two-factor verification, where either a text message or a call is given to your number for verification.

Citywire further explains the process, "Usually, a basic SIM-card swapping work when scammers call a mobile carrier, impersonating the actual owner and claiming to have lost or damaged their SIM card. They then try to convince the customer service representative to activate a new SIM card in the fraudster’s possession. This enables the fraudsters to port the victim’s telephone number to the fraudster’s device containing a different SIM."

After accessing the account, the scammers can control your email, bank accounts, online wallets and more.

 Detecting SIM swapping attack

• The first sign is if your text messages and cell phones aren't functioning, it's probable that your account is hijacked.

• If the login credentials set by you stop working then it's probably a sign that your account has been taken over. Contact your telecom provider and bank immediately.

• If you get a message from your telecom provider that your SIM card has been activated on another device, be warned it's a red sign.