Published on
October 14, 2025
- 13:00 GMT
SIM Swap Fraud Surges 1,055% as Phone Validation Gap Leaves Enterprises Vulnerable to Billions in Losses
New industry impact report shows basic phone validation systems failed to detect fraud attacks that cost consumers $12.5 billion BOSTON, MA, UNITED STATES, October 14, 2025 /EINPresswire.com/ -- SIM swap fraud cases exploded 1,055%, jumping from …
Distribution channels:
Business & Economy, IT Industry
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