DICT to limit number of SIMs a subscriber can register

“It’s alarming in a sense that every day we experience it. Our estimate based on our study since November shows that for every one hi-jacked account, there are at least 10 successful online financial crimes,” Alexander Ramos, executive director of DICT’s Cybercrime Investigation Coordinating Center, said on the sidelines of the Cyberphere Philippines Forum 2023.

“We detected 600 registered SIMs under one name. So, its abnormal for a prepaid subscriber to have more than 10 SIM cards being registered under one name,” Ramos said.“They [telcos] find 10 is reasonable, but for us, it’s only four to five because that’s the average number of SIMs of the prepaid market,” he said.

“The SIM registration law has laid the groundwork, but more is needed. Scams are a fast-evolving menace, exploiting loopholes and adapting to countermeasures with alarming speed. The ongoing prevalence of scam messages exposes a gap in our collective shield, a vulnerability that scammers are too eager to exploit,” he said.

Source: Tech Daily Report (techdailyreport.net)

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