> Criminals have learned how to persuade mobile phone providers like T-Mobile and AT&T to switch a phone number to a new device that is under their control.
> Hackers can get the codes by bribing phone company employees.
How hard is it to insist on someone coming down to a store and submit several forms of identification to get a new SIM? And make multiple people in the store sign off on it. Has anyone ever gone to jail for taking a bribe to swap a SIM?
The other issue is to stop using SMS for a 1-factor recovery. There still needs to be a second factor, like knowing a password or a pin.