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How Internet Fraudsters Access Your Bank Account With Just Your Mobile Number.
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#1
We have heard about some cases where internet fraudsters access someone account without BVN and withdraw all the cash left In it.

What the real secret behind this, no BVN, no ATM card , it just as simple as using your registered sim card.



Well that the real truth, they can and why they need it and how it can be done so as to prevent yourself when you found yourself in this situation, either through lost sim or stolen phone etc.



If they can get it, they can set up a new cellphone with that number – and receive all of your calls and text messages. They can send messages to your friends and colleagues tricking them into doing all sorts of bad things. And, if you use multi-factor authentication for social media sites or online banking – they can receive those messages as well, potentially, in some cases, giving them access to your social media accounts and bank accounts.

They then contact your mobile phone company – or one of the many stores that are authorized by mobile service providers to make service changes – and report, as if they were you, that your phone was stolen and ask that the number be transferred to another device (usually by switching which small “SIM” card is associated with the number).

How do they access your Bank account.

They can get your BVN code buy dailing the USSD code and also perfore some online transaction with the mobile money banking app.

the second factor authentication texts that are so commonly used for improved security by banks, social media companies, Google, etc.

They can also send texts as you – likely allowing them to scam some of your friends and relatives into installing malware by sending some link to be clicked, or even into sending them money to deal with an emergency situation.

Why they want this

Because it works – and, if they can steal your number, it does not matter how much security software you have on your phone – they gain access to your texts, calls, and more. It does not matter if you use an iPhone or Android or something else.

Please in as much as we protect out BVN and ATM card number,let also do same for our sim.

Mind the kind of people you give your phone too.

Be watchful


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#2
Wow, nice info Shisha_goza


#3
Thanks for This


#4
this is helpful


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