4G to 5G SIM upgrade scam? Here’s what you need to know
With 5G rolling out in some parts of the country, scammers have found a new way of conning people. According to a recent report Check Point Software, scammers are posing as customer care executives from Vodafone, Airtel or Jio and offering assance to unsuspecting customers in upgrading their 4G SIMs to 5G.
The new phishing method works sending customers phishing links that require them to enter personal or sensitive information such as bank passwords or OTPs and taking money from their account. A few days back, Mumbai Police has also informed their followers of a scam where the scammers were demanding money under the guise of helping them upgrade to a 5G SIM.
Keep in mind that most companies are upgrading exing SIMs to 5G. You DO NOT need to swap your SIM to get 5G connectivity. For those wondering when their phone will get the required 5G software support, you can read our detailed article on the same.
Risk Alert!Upgradation in tech brings about a new wave of scammers waiting to pounce. The most recent one is fraudsters offering to guide you to convert to 5G.Do not share your personal/banking information or click on any unknown links.#Scam2022 #5GScam #CyberSafe pic.twitter.com/9S0XphLM9Q
— मुंबई पोलीस – Mumbai Police (@MumbaiPolice) October 12, 2022
Similar tweets have been shared Pune, Hyderabad and Gurugram police Twitter accounts. Authorities all around the country have urged citizens not to share personal or banking details or any OTPs with any telemarketers because doing so might empty their bank accounts.
With such scams becoming increasingly popular, Check Point Software recommends users set strong passwords, enable two-factor authentication for an extra layer of security, look for signs of phishing and keep their software updated with the latest security patches.
Check Point’s Threat Intelligence report also suggests Indian companies are being attacked 1742 times per week in the past six months, compared to the global average of 1167 attacks.
