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Complete Story
01/28/2024
Maryland woman loses $17K in SIM card swap scam despite two-factor authentication | I-Team
WJLA
WASHINGTON (7News) — 7News is asking a security question that deals with your cell phone. How did a Maryland woman lose $17,000 even though she had two-factor authentication on all her accounts?
We all know criminals have multiple ways to steal your identity, but 7News is sending out a warning. SIM card swapping almost cost Sharon Hussey of Bethesda, Md. thousands.
It all started when Hussey got an email thanking her for the purchase of a new phone at Verizon. Minutes later her contact information at Bank of America had changed.
The problem? She didn't do either transaction and had two-factor authentication on her accounts.
"And the bottom just kind of dropped out,” added Hussey.
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