What is a sim-swap? How you could be targeted by the fraud used to hack M&S
Briefly

The Independent highlights a dramatic tenfold increase in SIM swapping fraud in the UK, sparking concerns about financial security and identity theft. Experts emphasize the long-term implications of such fraud, with notable cases affecting major entities like Marks & Spencer. The article also underscores the importance of accessible journalism in covering critical issues, as The Independent seeks to deliver in-depth insights without paywalls, ensuring that crucial information reaches a broad audience during pivotal moments in U.S. history.
Experts warn that the alarming rise of SIM swapping fraud, which surged tenfold last year, poses a serious risk to both financial security and personal identity.
Simon Miller from CIFAS highlights that while many fraud incidents result in lost money, losing one's identity due to SIM swap fraud can have long-lasting repercussions.
The Independent emphasizes the importance of quality journalism accessible without paywalls, aiming to inform all Americans on critical issues like fraud and reproductive rights.
The sophistication of SIM swapping fraud, involved in major cyberattacks like that on Marks & Spencer, reflects deeper issues in personal security.
Read at www.independent.co.uk
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