Your phone number is more sensitive than you think — security features like two-factor authentication rely on it. Losing your phone number can sometimes be just as bad as losing your actual phone. If someone takes control of your phone number with a port-out scam, they can hack your email and social media or even drain your bank accounts.
If you decide to switch carriers, phone companies can let you keep the same phone number by porting it out to another service. Some criminals can and have abused this option, targeting giants like T-Mobile, AT&T, and even WhatsApp with phone number port-out scams.
In a phone number port-out scam, the perpetrator hijacks your mobile number by transferring it to their own carrier. It’s similar to the SIM swapping scam where the criminal takes control of your phone number by transferring it to their own SIM card.
Usually, they do so by impersonating you. First, they collect information about you online — enough to trick the phone company's representatives. Then they call your phone company, impersonate you, and request a transfer to another carrier. In some cases, criminals have resorted to simply bribing the telecom company's employees.
Once they control your number, criminals gain access to your other accounts. They can do so by initiating password resets using two-factor authentication. They can then empty your bank accounts, cryptocurrency wallets, hold your social media for ransom, or even ask others for money by pretending to be you (this actually happened on WhatsApp).
It can be difficult to recognize that you’re under attack before it’s too late. But there are some giveaways that you should never ignore. These can vary depending on your phone company:
If you become a victim of a phone porting scam, time is essential. The quicker you react, the less likely you are to lose your savings.
Most companies have protections against unauthorized phone porting, but some carriers are easier to fool than others. Unfortunately, whether or not you fall victim to a phone porting scam still depends mostly on the security practices of your provider. But there are things you can do to stay on the safe side.
Want to read more like this?
Get the latest news and tips from NordVPN.