New ‘SIM-jacking’ fraud means criminals can take control of your phone and raid your bank accounts
SIM-JACKING fraud, where criminals to hijack your phone number so they can raid your bank account, is on the rise in the UK.
There were 300 SIM-jacking cases since April 2019, compared to just 99 in the previous 12 months, according to new figures from the Information Commissioner's Office.
While the number of incidents is still relatively low, there has been a 200 per cent increase in a very short period of time and victims are losing thousands of pounds.
For instance, in September 2019, two London-based SIM-jackers after stealing almost half a million pounds using purchases and bank transfers.
And in October 2019, scammer Emanuel Poku was jailed after stealing over £2million through a SIM-jacking spree.
While food blogger and activist Jack Monroe was the victim of a SIM-jack, which resulted in six months' earning being stolen from a bank account.
An ICO spokesperson said: “Personal data has to be processed fairly, lawfully and transparently, and with appropriate security.
"Where mobile operators receive switching requests they must therefore ensure they take reasonable steps to address any risks posed to personal data.
“Individuals can contact the ICO if they have any concerns. If anyone is concerned that they have been the victim of fraud they should contact Action Fraud.”
Bank transfer fraud victims will be refunded under new rules, but only if banks sign up.
Shoppers warned of new ATM scam that sees thieves steal your PIN and drain account.
Here's what you should look out for at an ATM and how you can tell if one has been tampered with.