November 17, 2023 at 11:15AM
The FCC has introduced new rules requiring wireless carriers in the US to give consumers more control over their mobile phone accounts to combat the rise in SIM-swapping and port-out fraud. Carriers must now notify customers of any SIM transfer requests to prevent cybercriminals from carrying out fraudulent activities. The FCC has also strengthened its rules on customer proprietary network information and local number portability to make it harder for scammers to access sensitive subscriber information. These measures aim to address the increasing incidents of SIM-swapping attacks targeting businesses and consumers.
Key takeaways from the meeting notes:
1. The Federal Communications Commission (FCC) has introduced new rules to combat SIM-swapping and port-out fraud.
2. Wireless carriers are now required to notify customers of any SIM transfer requests to prevent fraudulent attempts by cybercriminals.
3. The FCC has revised customer proprietary network information and local number portability rules to make it more difficult for scammers to access sensitive subscriber information.
4. SIM-swapping and port-out attacks have been widely reported in cybercriminal attacks against businesses and consumers.
5. The FBI has received numerous consumer complaints regarding SIM-swapping attacks targeting major mobile carriers in the US.
6. FCC Chairwoman Jessica Rosenworcel acknowledges the work of the Cyber Safety Review Board (CSRB) in highlighting SIM-swapping as a threat in cyber attacks against big businesses.
7. The new rules aim to provide subscribers with more control over their accounts, improve consumer privacy, and prevent SIM scams.
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