WHAT'S WORSE THAN THIEVES HACKING INTO YOUR BANK ACCOUNT? WHEN THEY STEAL YOUR PHONE NUMBER, TOO

One Monday morning in May, I woke up and grabbed my cell phone to read the news and scroll through memes.

But it was out of cell service. I couldn’t make calls or texts.

That, though, turned out to be the least of my problems.

Using my home Wi-Fi connection, I checked my email and discovered a notification that $20,000 was being transferred from my credit card to an unfamiliar Discover Bank account.

I thwarted that transfer and reported the cell phone issues, but my nightmare was just starting. Days later, someone managed to transfer $19,000 from my credit card to the same strange bank account.

I was the victim of a type of fraud known as port-out hijacking, also called SIM-swapping. It’s a less-common form of identity theft. New federal regulations aimed at preventing port-out hijacking are under review, but it’s not clear how far they will go in stopping the crime.

Port-out hijacking goes a step beyond hacking into a store, bank or credit card account. In this case, the thieves take over your phone number. Any calls or texts go to them, not to you.

When your own phone access is lost to a criminal, the very steps you once took to protect your accounts, such as two-factor authentication, can be used against you. It doesn’t help to have a bank send a text to verify a transaction when the phone receiving the text is in the hands of the very person trying to break into your account.

Even if you’re a relatively tech-savvy individual who follows every recommendation on how to protect your tech and identity, it can still happen to you.

Experts say these scams will only increase and become more sophisticated, and the data show they are on the rise.