Attacks on organisations with the use of ransomware or malicious emails are on the rise, as are cyberattacks that can steal personal data.
According to our Check Point Threat Intelligence Report, an organisation in India has experienced an average of 1,783 attacks per week over the past six months, as opposed to 1,645 attacks per organisation in APAC.
Additionally, 89% of the malicious files that have been distributed in India over the past 30 days have been sent via email.
The number of phishing instances in India has climbed from 280 in 2020 to 523 in 2021, according to the Indian Computer Emergency Response Team (CERT-In), while the number of ransomware assaults has increased from 54 in 2020 to 132 in 2021.
Few individuals are aware of the risks of so-called SIM swapping, in which cybercriminals obtain a replica of a victim’s mobile SIM card.
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While most people are aware of phishing assaults, they can then get around the two-step authentication process used to secure services like their banking app with a duplicate SIM.
Due to the severity of the issue, Check Point Software Technologies, a top global provider of cybersecurity solutions, has developed three straightforward guidelines to help people avoid becoming victims.
What is SIM Card Swapping?
SIM switching occurs when an online thief acquires a copy of your SIM card.
They can obtain your personal information, such as your ID, phone number, and complete name, through phishing techniques, but they are required to do so to perform this action.
Once they get your mobile operator’s contact information, they can easily pretend to be you over the phone, online, or even in person.
The cybercriminal simply needs to insert the duplicate SIM card into a device once they have it to have access to all of the victim’s account information, including call and message history.
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After that, they are in total charge and can easily use your banking app to transfer your money to another account to steal it.
Using a verification code would be required, but keep in mind that the attacker already has access to your cell phone and only needs to copy and paste the code that was meant for you.
How Do We Stay Protected?
Be cautious while handling personal information because hackers can clone your SIM card using this data.
This is why it’s so crucial to be cautious while choosing which websites you visit. Verify the website’s legitimacy and the presence of all necessary security measures, such as an encrypted connection.
Watch out for the padlock icon in the address bar, which indicates that the page has a valid security certificate, and make sure the URL starts with HTTPS://; if it omits the final -S:/, the page might be unsafe.
Be wary of phishing: to stop someone from accessing your personal information, you must be aware of the telltale indications of a phishing attempt.
Even if you are familiar with the sender, watch out for emails and texts that contain spelling errors.
Make sure the domain name is accurate by paying special attention to it. The same is true for links or attachments with unusual appearances.
These kinds of specifics are frequently indications of a phishing effort.
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Watch out for signal loss: One quick and reliable sign that a SIM card has been duplicated is when your mobile service disappears entirely.
This is because your phone will no longer have access to a mobile network and will instead have a SIM card.
You won’t be able to send or receive SMS or calls as a result. In this case, you need to get in touch with the relevant authorities and your mobile provider so they may deactivate the SIM and begin the data recovery process.
To further their objectives, cybercriminals are constantly looking for novel ways to steal your data. People must be able to recognise the warning indications of an attack.
If you don’t recognise these warning signs, you’re putting yourself at risk and increasing your chances of experiencing more severe repercussions.
“This might result in your bank account being emptied or you becoming a victim of identity theft, which would allow the criminal to make online purchases in your name,” Sundar Balasubramanian, Managing Director, Check Point Software Technologies, issues a warning for it.
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