COMMENT:

Criminals are renewing their efforts to steal New Zealanders' phone numbers by abusing weaknesses in verification systems for number portability, with potentially devastating consequences if they succeed.

Porting fraud or SIM swapping is a big problem overseas. New Zealanders aren't spared either, forcing the telco industry to rethink how to customers can shift their number safely yet conveniently.

READ MORE:
Police arrest 13 for money laundering as 'sophisticated phone scam' allegedly costs Kiwis millions
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Kiwis lost $33 million to online scams and fraud last year
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