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02/21/2022

Identity theft is on the rise. Here are some ways to protect yourself

NPR

MICHEL MARTIN, HOST:

If you're one of the millions of people using your smartphone to pay your bills, send money to family and just do some banking, listen up. This month, the FBI issued a warning about the rise in a type of mobile phone scam called SIM swapping, saying it cost consumers more than $68 million in losses just last year. And according to the FBI's figures, it's 15 times more likely to happen to you today than it was just a couple of years ago.

So what is SIM swapping, and how can you protect yourself? We called Eva Velasquez for help with this. She is the president and chief executive officer at the Identity Theft Resource Center. That's a non-profit whose goal is to help consumers reduce their risk of falling victim to identity the

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