EXPERT is warning WhatsApp users to change their privacy settings ASAP because financial scams are on the rise.
Scammers are targeting WhatsApp users in an attempt to steal their funds using a method called sim swapping.
‘SIM swapping’ is a well-known technique used by scammers, where they steal people’s phone numbers and identities and then do the same to people in their contact lists. they.
Scammers often do this by copying a phone number and then assigning it to a new SIM card, which can allow them to get hold of sensitive banking details or passwords.
Expert Dmitry Bestuzhev told El Pais: “All the criminals need is our phone number to set up the process of identity theft and extortion.
However, when a user is the victim of a sim swap, their WhatsApp services will stop for a few minutes, by the time the service is back up, damage may have already occurred.
In that short time, criminals can use your phone number to change your email credentials, then lock you out of a number of apps including WhatsApp and your banking apps, according to WABetaInfo. .
WhatsApp, which has more than 2 billion users around the world, saw a roughly 120% increase in account takeovers last year.
According to cybersecurity firm Kaspersky, fraudsters are also engaging in more phishing schemes and ransomware attacks against WhatsApp users.
Here’s how to protect your account from falling victim to scammers.
How to protect your account
To avoid falling victim to a sim swap or phishing attack, WhatsApp users are encouraged to set up two-factor authentication.
You can do this by going to WhatsApp Settings > Accounts > Two-Step Verification > Enable.
Once it is activated, you will be prompted to enter a six-digit PIN and confirm it.
However, sometimes hackers can perform two-step verification, so WABetaIfno recommends that users also use authentication apps like Google Authenticator, 1Password or Authy.
These apps allow you to receive authentication codes in a secure app instead of your text message, making it unreachable to anyone with your phone number.
Above all, however, users should never share sensitive information with anyone on any platform.
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https://www.thesun.co.uk/tech/17353095/whatsapp-settings-privacy-scam/ Warning change these WhatsApp settings now or ‘you could be financially RETURNED’