SIM Swap Scam

**JJ All Day** · July 10th, 2015 06:22 PM

hahaha di pa din naka get over.

baka ma OT na naman tayo dito =)

**JJ All Day** · July 10th, 2015 06:25 PM

Originally Posted by dreamur

Mas mahirap kung un confidential sim mo ang ma-swap and the other guy set up a date with your gf pretending he was you. :D

Confidential sim for GF? Does it mean may regular sim for WIFE? Bwahaha!

**JJ All Day** · July 10th, 2015 06:27 PM

Originally Posted by dreamur

....or your wife managed to get a replacement sim for your personal number and your gf is already texting sweet nothings to you wife!

oops! already got answer to my question hehe

**Monseratto** · July 11th, 2015 10:43 AM

**_Cathy_** · July 11th, 2015 11:44 AM

This is really scary. It is possible for 2 SIMs with the same number to work??? This is one reason why I do not link my mobile to my email accounts.

Also, is there such a thing a mobile phone banking? Maybe it is not safe anymore to provide your mobile number to the bank

**StockEngine** · July 11th, 2015 11:57 AM

Originally Posted by _Cathy_

This is really scary. It is possible for 2 SIMs with the same number to work??? This is one reason why I do not link my mobile to my email accounts.

Also, is there such a thing a mobile phone banking? Maybe it is not safe anymore to provide your mobile number to the bank

These hackers do profiling. Obviously they know which persons to target. They probably hacked a database of a bank or of globe's. They won't waste targeting a person who doesnt have any funds.

**_Cathy_** · July 11th, 2015 12:15 PM

Originally Posted by StockEngine

These hackers do profiling. Obviously they know which persons to target. They probably hacked a database of a bank or of globe's. They won't waste targeting a person who doesnt have any funds.

So how can users with funds protect themselves. Internet banking is very convenient but maybe it is not safe anymore

I have passbook accounts with no ATMs or mobile notification

That is still the safest pa rin.

**jut703** · July 11th, 2015 12:24 PM

All my bank accounts are tied up to my phone. They're phone dependent rather than SIM-dependent though.

The only time my accounts will get compromised is if my phone gets stolen, and they figure out my passwords.

Phishing sites are a great risk for those who do online banking through their laptops. But with a phone app, it's quite difficult to mistake the real banking app from a fake one.

As with any new technology, there are always risks. But with the extreme convenience of online banking apps, I can't imagine going back to the olden days where I had to go to a bank just to transfer money to another account, or invest more funds into UITFs, or transfer money to my stocks account.

**_Cathy_** · July 11th, 2015 12:27 PM

How is it phone dependent? I get a mobile alert for movements in my bank account.

How do I know if I downloaded the official banking app on play store?

**jut703** · July 11th, 2015 12:31 PM

Originally Posted by _Cathy_

How is it phone dependent? I get a mobile alert for movements in my bank account.

I have to login to my app before I get to do any transactions. Even without my sim, I can log in to my app. Conversely, even if crooks have my sim, but not my login details, they can't access my account. This is with BPI.

For BDO, aside from needing login details, they will also send you an OTP in order to log in. But if you only have an OTP but no login details, you still cant log in.