eSIM fraud: What it is and how you can remain safe

eSIM has started gaining traction with various telecom operators like Airtel, Jio, and Vodafone. An eSIM is an embedded SIM built into a smartphone that negates the need for a physical SIM and its slot in a phone. This in turn saves space for a thinner phone or more battery space and can work well in a smartwatch. However, this new technology is now being used for fraud by miscreants to steal your money. 

eSIM Fraud

These days, many users are getting calls and messages about their KYC not filled which could result in the deactivation of their SIM or up-gradation of 3G SIMs to 4G SIMs. They are then asked their bank account details and mobile number which they use to clone the victim's SIM and transferring money from their bank accounts.

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The thugs get the victim's original SIM blocked by providing a fake ID to their mobile operators and are then issued a new SIM card. By using this new SIM and their bank details, they take money out of the victim's bank account.

eSIM Fraud

The racket came into light when 4 people in Hyderabad lost Rs. 21 lakh in eSIM activation fraud. So far, the police suspect that this new phishing racket has accessed over 300 nationalized and private bank accounts across five states — Punjab, Haryana, Bihar, West Bengal, and Jharkhand. The cybercrime wing of Hyderabad Police issued an advisory against eSIM scams. 

To stay safe from this phishing, you should never give out your bank account details or any OTPs sent to your mobile number. Do not open any link sent to your number via SMS or email. And if your SIM card has been deactivated, then contact your telecom operator and contact the bank linked with that number, ask them to close or secure your bank account. 

If you or anyone you know has been scammed, then you can file a complaint regarding this on the cybercrime portal 

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