this post was submitted on 01 Mar 2024
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Cause SMS is not encrypted, so your phone provider and any routing company like this one can read your texts, phone numbers can be spoofed (not sure about this one), or stolen via social engineering (someone calls your phone provider claiming it's you and u lost your phone or something, then gets access to your number).
There's probably a lot more issues with it, i don't remember them atm, but should be pretty easy to find with a search if you're still curious.
Also, physical phone stolen, and the thief just pops the simcard out and puts it in another phone.