Sim Swap thoughts

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This all sounds serious enough.
Some very clever hackers involved by the sounds of it.
But.....
I find the article somewhat 'lacking' and wonder if this is a "beat up" story.
the TL;DR:

  • Not many people have millions in BTC.
  • The examples / cases quoted involve a rouge telcom company worker
  • getting someones phone number may access accounts, would that mean all data on their sim?
  • if you had millions in BTC would you keep it on your mobile?

Perhaps others with more tech knowledge can dig into this & give us a real TL;DR and a view for us mere mortals.

Time will tell

https://cointelegraph.com/news/sim-swapping-becomes-increasingly-popular-in-california-police-make-it-high-priority

Sim Swap thoughts | Ecency