Illustration by Alex Castro / The Verge
The Federal Communications Commission (FCC) on Thursday said it’s looking into tightening rules around cell phone service, in an effort to rein in SIM swapping scams and port-out fraud, two ways fraudsters can access a person’s cell phone account and phone number for nefarious purposes.
The agency says in a statement it has received numerous complaints “from consumers who have suffered significant distress, inconvenience, and financial harm” due to SIM swapping and port-out fraud. And, the FCC said, recent data breaches have exposed customer information that could make it easier for bad actors to carry out these kinds of attacks successfully.
SIM swapping is when someone hijacks your cell phone number so they can intercept two-factor…