Polish regulator UKE has issued a warning to mobile providers and the Polish Bank Association over Sim swap fraud, asking them to be more vigilant.
Criminals obtaining access to phone numbers and bank details have been able to set up illegal call forwarding schemes and replicate mobile banking accounts to steal money. The regulator said telecommunications service providers need to take appropriate actions to stamp out the fraud and users also need to exercise caution.
Source: https://www.telecompaper.com/news/polish-regulator-warns-operators-over-sim-swap-fraud--1257504