SIM swap attacks occur when someone tricks your cell phone company into switching your phone number to their SIM card. They gather your personal information, often through trickery, data breaches, or purchases on the dark web.
Once they control your number, they can receive your calls and texts. This is especially worrisome as many online services, like banking or social media, use text messages for added security, or two-factor authentication (2FA). Attackers can use this access to infiltrate your accounts, change passwords, steal money, or demand a ransom.
IronVest's Passcode Protection comes to your rescue in such situations. This feature bolsters the security of your accounts that use 2FA. Instead of the 2FA code being sent to your personal number, IronVest intercepts it. After you pass IronVest's biometric verification, the code is then revealed, either being automatically filled in for you through a browser extension or displayed on the mobile app for easy copying and pasting. This security protocol ensures that your sensitive information remains shielded, even in the face of a SIM swap attack.
Remember to be careful with your personal information, opt for non-text based 2FA when possible, and monitor your accounts regularly. With IronVest's Passcode Protection, you add a powerful shield against SIM swap attacks.