Eran Haggiag

“It gets created, sent across the network, and then a person has to read it and type it in, and every one of those steps is a place it can be intercepted or tricked out of someone.”

Eran Haggiag · said date not stated · reported 2026-08-23

Eran Haggiag outlined the multiple points of vulnerability when transmitting one-time security codes.

“When that happens, we don't allow the new SIM to authenticate for a short window.”

Eran Haggiag · said date not stated · reported 2026-08-23

Eran Haggiag explained how the system temporarily pauses authentication when a SIM change is detected.

“We monitor for SIM changes in real time, so we know the moment a number moves to a new SIM,”

Eran Haggiag · said date not stated · reported 2026-08-23

Eran Haggiag explained how MagicalAuth monitors for SIM changes in real time.

“What it doesn't yet solve is a scammer tricking you into approving a transfer yourself, the way romance or investment scams do,”

Eran Haggiag · said date not stated · reported 2026-08-23

Eran Haggiag discussed the limitations of authentication systems against social engineering scams.

“A texted code is a shared secret,”

Eran Haggiag · said date not stated · reported 2026-08-23

Eran Haggiag explained the security vulnerabilities inherent in texted one-time passwords.

“There is no app to download, no setting to change, and nothing for the consumer to enroll in or configure,”

Eran Haggiag · said date not stated · reported 2026-08-23

Eran Haggiag noted that consumers do not need to configure or download any applications for MagicalAuth.

“It relies on a secret that's built into the SIM in your phone and never leaves it, similar to the chip in a credit card.”

Eran Haggiag · said date not stated · reported 2026-08-23

Eran Haggiag described how MagicalAuth uses cryptographic secrets built into a device's SIM card.

“It does not make fraud impossible, no security does,”

Eran Haggiag · said date not stated · reported 2026-08-23

Eran Haggiag acknowledged that no security system can completely prevent fraud.

“After that, verification happens quietly in the background in a fraction of a second, so the experience is faster and smoother than waiting on a text,”

Eran Haggiag · said date not stated · reported 2026-08-23

Eran Haggiag described the speed and convenience of background SIM verification.

“They can't reuse a stolen code, because there is no code to steal, and they can't phish something the user never sees or types,”

Eran Haggiag · said date not stated · reported 2026-08-23

Eran Haggiag discussed how eliminating one-time codes protects users from phishing attempts.

“there is no code sent and nothing to type in.”

Eran Haggiag · said date not stated · reported 2026-08-23

Eran Haggiag highlighted how SIM-based verification differs from traditional SMS authentication.

“So a stolen number stops being enough on its own to take over your accounts,”

Eran Haggiag · said date not stated · reported 2026-08-23

Eran Haggiag discussed how temporary pauses prevent stolen numbers from compromising accounts.

“That's what lets the carrier confirm it's really your SIM,”

Eran Haggiag · said date not stated · reported 2026-08-23

Eran Haggiag explained how carrier networks verify user identity without relaying a secret code.