Because support teams aren't coordinated with call attempts you can essentially brute force the process
Also the online portals for number transfer are notoriously weak. There was one MVNO i used for years because their website did no server side auth and I could transfer numbers to new SIMs at will
SMS as an authentication transport is beyond useless - nobody should be implementing it
They can't even hold it over an unpaid debt. Worse, a lot of these laws have government SLAs in them that say x% of transfers have to happen within 2-3 hours (usually 90-99%)
There is zero incentive from any party to add friction to the process for authentication purposes
It really got easy when I noticed the process was automated by a lot of providers a few years ago. I really don't think there was any human oversight on many of these transfers (perhaps a rubber stamp from a cheap offshore pair of eyes for compliance purposes)
But it seems secure enough. It is not easy to get an IMSI for a random phone number.
This is easy if you have an SS7 network connection. Comparable to the difficulty of resolving a DNS name to an IP address using an internet connection.
A simple automated SMS from your current provider that requires a "YES" response would be a lot securer and shouldn't be hard to implement.
Me: Hi, my phone number is X. I put my phone in the wash, please transfer my number and minutes to this new phone.
Telco: Ok what was your old serial number?
Me: I don't know, my old phone went through the wash.
Telco: Um...ok you're all set.
Stop commenting on things you know nothing about.
Phone companies seem to be starting to take the issue more seriously as of the last few months due to the aforementioned bad press. Verizon just forced me to create a PIN by Jan 24th, 2017. So I didn't have a PIN until less than a month ago.
Many landline and voip providers really do just require a signature.
Generally, if the CSR partially matches what the new provider gives, the port will be approved as the old CLEC doesn't want any escalation of a port.