I randomly saw this on the internet, where they recommended that having your SIM card passworded is one of the best security measures to prevent scammers from stealing your funds, especially if it is the SIM card you have used in registering with your bank. For instance, if you lose your phone and someone tries to gain access to your bank app or anything else, they would need the password you have set to do it successfully.
Some comments:
Comment 1If you are using @myaccessbank, double wahala. I learned the hard way. The useless bank told me I should be happy they did not obtain loan on my behalf. He shock me
Comment 2@It happened to me last year, my phone was stolen, My MTN sim has a password but I forgot to password my Glo sim which is link to my Children's account with Access bank, the perpetrator collected 28k in one of the account . Through wallet transfer without ATM Card
Comment 3
Mine too was access bank. They used my SIM to obtain a loan from Access Bank and a loan app. They bought airtime as they wanted.
Access Bank is still dragging me till today for the loan repayment.
Comment 4
Mine was Açcess bank too and Opay. Went to lodge a complaint at the bank and was told there's nothing they can do. That the person activated USSD on my sim. 🤦🏻♂️ Okay, what will now happen to my money that was withdrawn? She say, "I'm sorry" sorry for what again?
Comment 5
Aswear you are lucky... I fell victim of this on the 21st of September it wasn't funny a loan of 300k was taken with my account
@myaccessbank una no go d!e well. Your bank shall be liquidated very soon
There is an explanation on how to go about with putting the password.
For Android smartphone:
- Open Settings,
- Go to Security and More Settings
- Tap on the SIM card lock option
- Switch on lock SIM card and enter the default PIN
- Then change pin to your preferred pin
I am not sure about the default PIN; you can search the internet for it. Please be very careful; your SIM may get locked if you forget your PIN, and you would need to call their customer agents for your PUK.
A solution I found for this issue is to use an eSIM, but who wants to go through this stress?
There is a lot of information and personal experiences from other users shared on this thread -
https://twitter.com/sledge_baba/status/1732790175846060158