Lock the Locks | Protect Your Bank Account Against SIM Transaction Thieves | 5 Steps To Make Your Bank Account More Secure

Last Updated on April 22, 2021 by Alabi M. S.

 

PROTECT YOUR BANK ACCOUNT AGAINST SIM TRANSACTION THIEVES

THE SIM LOCK

The ultimate security for protecting your social media accounts, email accounts and bank accounts with all personal information is SIM LOCK.

 

A lot of us have already setup mobile security on our mobile device(s) using password, pattern lock or PIN and we think that’s enough to keep unauthorised people or 3rd party away from getting access to our account(s).

Well, here’s why it’s not 100% guarantee or secure once stolen and get into hacker’s hands or insert your SIM into another phone (device) and dials Bank code…. Oh, my God! They have instant access to all your personal information and bank details.

Also, it gives the intruders access to most popular social media accounts, email accounts and bank accounts.

 

1. MOST POPULAR SOCIAL MEDIA NETWORKS

Almost all social media networks have been connected to our mobile SIM for security purposes. This is to protect all social accounts from hackers gaining access to your accounts. You have been advised to setup Two – Factor Authentication (2FA) for the following accounts –

  • Facebook
  • Twitter
  • LinkedIn
  • YouTube
  • Instagram, etc.

 

2. EMAIL ACCOUNTS

The giant and most mail accounts are Yahoo and Google mail commonly known as Gmail account. Likewise, most of our emails accounts are aslo linked or connected to our mobile SIM as well as to our bank account(s). Setup for 2FA is very important to all email accounts.

 

WHAT TWO – FACTOR AUTHENTICATION (2FA)?

Two – Factor Authentication (2FA) is a security system that requires two separate, distinct forms of identification in order to access something.

 

 

The first factor is a password and the second commonly includes a text with a code sent to your smartphone, or biometrics using your fingerprint, face, or retina.

While 2FA does improve security, it is not foolproof.

 

The ultimate security for protecting your social media accounts, email accounts and bank accounts with all personal information is SIM LOCK.

Why? This is because all social media accounts and emails accounts are protected by passwords while the bank accounts is protected by your signatures, hardware token and PIN protects you ATM. Passwords, signatures, hardware and pins are protected by Two – Factor Authentication (2FA) while Two – Factor Authentication (2FA) can only protected by mobile SIM pin.

 

WHO PROTECTS THE MOBILE SIM?

SIM lock is the answer. We think once our mobile devices security are setup, all accounts are covered and secured. Capital NO!!!

Once hackers or intruders insert your unlock SIM into another device, they gained access to the following –

  • Bank code and password reset,
  • Bank mobile app, passwords and pin reset,
  • Social media 2FA,

 

 

  • Social media password reset,
  • Email account 2FA,
  • Email account password rest,
  • Online shopping OPT code, and
  • All personal informations such names, address, profession (position, level, colleagues, etc.), family and friends, and so on.

 

Do trust anyone! Even your boyfriend, girlfriend, husband, wife, family and friends, colleagues, etc. can be after you to gain access to accounts, most specifically your banks account.

The true is bitter.

There is sense in nonsense.

Take it or leave it.

 

Recently, there is a viral video of a guy cult by policemen who confessed how he can use your SIM card to empty your bank account. This is possible because your SIM is not protected.

Note – This guy is just a thief. In fact, a amateur thief.

 

Imagine, it get into the hands of the professional thieves. They will not just empty your accounts, they will use your personality, dignity, profile, influence, position, etc. to dupe each and everyone around you.

 

 

Of course, you don’t want that to happen. If it’s happened, you have the whole world coming for your head.

Protect your SIM card now!!!

 

HOW TO PROTECT MY SIM CARD?

There is one way to protect your SIM card, setup your SIM LOCK. This is only security that protects all other security stepup.

The four (4) main networks in Nigeria are operated by –

  • MTN Nigeria,
  • Glo Mobile,
  • 9mobile, and
  • Airtel.

 

REQUIREMENT FOR SIM LOCK

Before setting up your SIM lock, you need to get your SIM pack ready.

The SIM pack contains the following –

  • SIM card
  • Default PIN – 0000 or 1111
  • Serial number
  • PUK – Personal Unlocking Key

You are advised to change the PIN immediately and keep the pack securely.

Your PUK is very important for resetting your SIM PIN incase you forget PIN. If you cannot find your PUK, call your mobile network provider.

 

SETTING UP THE SIM LOCK

Here are the steps for setting up a SIM PIN lock:

1. Go to Menu

 

 

2. Tap on Settings

 

 

 

3. Tap Security

 

 

4. Tap Set up SIM card lock

 

 

 

5. Tap Lock SIM card

 

 

6. Enter the default SIM PIN

 

 

 

7. Tap OK

 

 

8. Sim Locked

 

 

Note – These are condition that require you or anyone else to enter SIM pin:

 

 

  • Switch off due to low battery.
  • You switch off your phone by yourself.
  • Someone else switched off your phone.
  • Someone trying to access your SIM by insert in another phone.
  • When you lost your phone or when your is stolen. Remember, once your phone is not with you, it means someone has it.

 

WHAT IS POSSIBLE AND WHAT IS NOT POSSIBLE WITH YOUR MOBILE DEVICES AND SIM?

1. Your mobile device can be unlocked without reformatting your phone. That’s possible.

2. Your SIM can be accessed from another device if it unlocked.

3. Your SIM pin cannot be unlocked anyone even your network provider.

4. Your SIM pin cannot be reset without your PUK.

 

Note – The SIM pack contains PUK and the pack must be keep at home. Not inside your purse, wallet, school’s or work’s bag, not even in your workplace. Always keep it safe like every other vital documents. 

 

5 WAYS TO MAKE YOUR BANK ACCOUNT MORE SECURE

One of steps to make your bank account(s) more secure is set a SIM pin. As discussed above while other are –

  • Set a complex password.
  • Use Apps wisely.

 

 

  • Monitor your account regularly.
  • Always log out when you are done.

 

With these tips you can make your social media, emails and bank account more secure and less feasible and difficult to get hacked.

 

Thanks for reading.

 

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