Can a SIM change affect the security of my digital wallet?

3 answers

• Dec 27, 2021 · 3 years ago
  Changing your SIM card can potentially affect the security of your digital wallet. When you change your SIM card, your phone number is transferred to the new SIM card. If someone gains unauthorized access to your new SIM card, they may be able to intercept SMS verification codes or calls meant for your phone number, which could be used to gain access to your digital wallet. It's important to keep your SIM card secure and contact your mobile service provider immediately if you suspect any unauthorized activity.
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• Dec 27, 2021 · 3 years ago
  Yes, a SIM card change can impact the security of your digital wallet. If someone manages to take control of your new SIM card, they can intercept any SMS or calls meant for your phone number. This means they could potentially gain access to your digital wallet by bypassing two-factor authentication. To protect yourself, make sure to use strong passwords, enable additional security measures like biometric authentication, and regularly monitor your digital wallet for any suspicious activity.
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• Dec 27, 2021 · 3 years ago
  Changing your SIM card can indeed have an impact on the security of your digital wallet. If someone gains control of your new SIM card, they can intercept any SMS or calls meant for your phone number, including those related to your digital wallet. This can potentially allow them to bypass two-factor authentication and gain unauthorized access to your wallet. To minimize the risk, consider using alternative methods of authentication, such as hardware wallets or authenticator apps, that are not reliant on SMS or phone calls.
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