SIM Swap Fraud Prevention
SIM swap fraud eliminated before it happens
Prove who is really asking before a swap or port-out is authorised, and disconnect a person's identity from their phone number.
- Surge in unauthorised SIM swaps reported to the UK National Fraud Database in 2024, nearly 3,000 cases
- 1,055%
- Cifas Fraudscape 2025
- Of all UK account takeover cases in 2024 involved mobile phone accounts
- 48%
- Cifas Fraudscape 2025
- SIM swapping ranked third among the top five cyber threats reported to the FBI's IC3 in 2025, behind data breaches and ransomware
- 3rd
- CyberScoop
- Reported US losses across 982 SIM swap complaints in 2024
- $26m
- FBI IC3
The Problem
The human in the loop is the weak link
A mobile number stopped being just a way to reach someone a long time ago. It is now the thing that proves who they are. Regulators, banks and government services have all built identity services on the same assumption: whoever holds a number is the person it belongs to.
SIM swap fraud and port-out fraud on networks rely on that assumption. Once an attacker moves a number under their control, every service that trusts that number is compromised. By the time the victim notices, their accounts are already gone, and the damage is done. Current responses are all downstream of the problem, and social engineering attacks are growing more sophisticated than mobile operators can reasonably handle. We need a new way to verify that a SIM swap is genuine.
The Solution
Cavero Secure moves the check upstream
Through CaveroCore™, a SIM and the network maintain a continuous, unbroken history with each other. Trust is also propagated across the subscriber's trusted device network.
In CaveroCore™, identity is not a set of answers you can research or buy. It is a continuity of state that only the genuine subscriber's devices can demonstrate. When a swap or port-out is requested, the operator requests proof of that continuity before authorising it - both from the subscriber's SIM and from the network of trusted devices. If an attacker has stolen a phone number and some information, they cannot produce that continuity of state, and the request fails before the attacker can do any harm.
The Fit
Trust, re-established
Legitimate replacement still works. A subscriber who loses a handset or upgrades a device is re-established through the same trusted network, which means the honest case is handled without the friction of a fraud investigation and without falling back on the knowledge-based questions that caused the problem in the first place. CaveroCore™ has been designed to be so lightweight that it can be run on a SIM's memory and can even be deployed to SIMs already in the field via OTA updates - meaning no friction or complexity for end users. And because CaveroCore is quantum-safe by construction, the same deployment that closes the fraud gap also removes a set of credentials that would otherwise need replacing again before 2030.
