Scam alert: BSP cautions against unauthorized SIM swapping

ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2017/news/07/20/sim-cards-2017.jpg"/><figcaption>Stacked SIM cards are shown in this file photo. </figcaption></figure></div><p>MANILA — The Bangko Sentral ng Pilipinas on Tuesday warned against a scam that dupes victims into swapping their SIM card in the guise of a fake promo.</p><p>The fraudster will get access to the victim&#x27;s financial accounts using the SIM card as some banks and financial services send one-time passwords to the client&#x27;s registered number before an online or mobile transaction is fulfilled, the BSP said.</p><p>Globe Telecom earlier warned subscribers against individuals posing as its representatives and offering to replace their SIM cards.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/03/19/20/work-from-home-be-productive-secure-and-healthy-during-covid-19-lockdown">Work from home: Be productive, secure and healthy during COVID-19 lockdown</a></li>	<li><a href="https://news.abs-cbn.com/business/03/19/20/hackers-see-opening-as-covid-19-prompts-mass-work-from-home-experts">Hackers see opening as COVID-19 prompts mass work from home: experts</a></li></ul><p>Fraudsters also resort to phishing or fake emails to trick users into giving away their data, the BSP said.</p><p>The BSP reminded the public to never disclose personal details and SIM information to people they don&#x27;t know and to always monitor their online transactions.</p><script src="https://connect.facebook.net/en_US/sdk.js#xfbml=1&amp;version=v2.5" async="" type="text/javascript"></script><div class="fb-post" data-href="https://www.facebook.com/BangkoSentralngPilipinas/photos/pcb.3119142341482907/3119133191483822/?type=3&amp;theater" data-width="auto"> </div><figure class="op-interactive"><iframe height="315" src="https://www.youtube.com/embed/z_4r1sjskeM?enablejsapi=1" width="560"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

<p>The Bangko Sentral ng Pilipinas on Tuesday warned against a scam that dupes victims into swapping their SIM card in the guise of a fake promo.</p>

The Bangko Sentral ng Pilipinas on Tuesday warned against a scam that dupes victims into swapping their SIM card in the guise of a fake promo.

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Scam alert: BSP cautions against unauthorized SIM swapping

ABS-CBN News

Published Jun 23, 2020 12:32 PM PHT

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BSP

Bangko Sentral ng Pilipinas

scam

scams

SIM

SIM card

fraud

cyber crime

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