Ans:
SIM swap scams usually aim to gain access to one or more of the target's online accounts. The attacker behind the assault also counts on the victim's usage of two-factor authentication via phone calls and text messages (2FA). If this is the case, they can wreak havoc on their victims' digital and personal lives, including emptying bank accounts and maxing out credit cards, destroying their reputation and credit with banks. Attackers might also gain access to their victim's social media accounts and obtain private messages or conversations, which could be harmful in the long term. Alternatively, they may send disrespectful comments and status updates to their victims, damaging their reputation.