T Mobile logo on smartphone (3)

Credit: Edgar Cervantes / Android Authority
  • Current and former T-Mobile employees are receiving text messages offering them $300 for every SIM swap they perform.
  • SIM swapping allows a bad actor to gain access to a phone line, which they can use to obtain two-factor authentication codes sent to the victim.
  • It appears the criminals were able to contact these employees with the help of a leaked employee directory.

From new fees to a default “on” profiling toggle, the news surrounding T-Mobile lately hasn’t exactly been great. Adding fuel to the fire, there’s now a new report that current and former employees are being offered money to perform SIM swaps on user’s phone lines.

If you’re not familiar with the act of SIM swapping, it’s a technique bad actors use to gain access to someone’s phone line. This is done by switching the SIM card registered for the line to one owned by the bad actor. With control over the phone line, that bad actor can intercept verification codes sent to the victim to gain access to accounts protected by two-factor authentication (2FA).