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Simjacking is bad even if it doesn't let your bank account get compromised.


Sure, but the scales are completely different. Making a telco fully liable for the simjacking itself would result in maybe one thousand dollars of damages due to the administrative hassle, and likely much closer to the story's $80 after the usual lobbying.

I took the comment I responded to as saying that telcos should be on the hook for the banks' losses as well. The bank fraud amounts described in the article are much larger.




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