Shilpi SharmaDec 19, 2021 · 3 years ago8 answers What are the best security measures to prevent sim swapping in the cryptocurrency industry?
What are some effective security measures that can be implemented to prevent sim swapping attacks in the cryptocurrency industry? Sim swapping is a technique used by hackers to gain unauthorized access to a user's mobile phone number and subsequently take control of their cryptocurrency accounts. It is crucial for cryptocurrency exchanges and users to protect themselves against this type of attack. What steps can be taken to enhance security and prevent sim swapping?