"Protect Your Bank Account from SIM Swap Fraud with Google Fi's 'Number Lock'"

A journalist recounts their experience with port-out hijacking, a form of identity theft where criminals steal phone numbers to bypass security measures like two-factor authentication. Despite following best practices for online security, the journalist had $19,000 stolen from their credit card. The FCC has introduced new regulations to combat this crime, but their implementation has been delayed. Experts warn that SIM-swapping scams are on the rise and becoming more sophisticated, highlighting the need for stronger consumer protection protocols.