Trail RCMP alert public after resident loses $10,000 in phone scam
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SIM Swap Scams Surge 160% as Regulators and Banks Grapple with Phone Number Theft
SIM swap and phone porting scams have risen dramatically over the past year, with victim support organizations reporting a 160 percent increase in cases. Data from IDCare reveals the number of individuals seeking help after unauthorized SIM swaps or phone ports increased from 34 per month in 2023 to 89 monthly cases in the year ending March 2025. The surge follows several high-profile incidents that exposed vulnerabilities in mobile carrier auth…
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