This week, the US Department of Justice (DoJ) said that Stephen Defiore, a Florida resident, accepted "multiple bribes" of up to $500 per day to perform the switches required to reroute phone numbers ...
Twenty-year-old Kyell Bryan of Pennsylvania has pleaded guilty to aggravated identity theft for a SIM swapping and cryptocurrency theft scheme, according to the United States Attorney’s Office of the ...
Two men were sentenced for operating a nationwide hack scheme and stealing $330,000 in crypto. Eric Meiggs, 24, and Declan Harrington, 22, used an illegal practice known as "SIM swapping." Two lawyers ...
Using a phone number for identity authentication is a bad operational security practice. Handing over bitcoin to a third party like a cryptocurrency exchange or lending service also reduces security — ...
SIM-swapping attacks, also known as SIM hijacking, occur when criminals attempt to take over your phone number. As our mobiles are now central hubs used in second-stage account verification, including ...
Ten people have been arrested in connection with a series of SIM-swapping attacks that reaped more than $100 million by taking over the mobile phone accounts of high-profile individuals, authorities ...
Telcoms suffered more than $28.3 billion in fraud losses in 2019, which can be attributed to subscription fraud, phishing attacks, robocalling and other types of fraud. False identities are often used ...
The FBI told Scripps News San Diego that about 800 cases of SIM-swapping scams have been reported nationwide this year. A man in Carlsbad, California said a hacker was able to drain $38,000 from his ...
Smartphones have been a boon to productivity and convenience. Many consumers have shifted their banking and investment transactions to the time-saving apps on their phones. But along with convenience, ...
But crooks are stealing your smart phone, just all the data on it. It’s called SIM-swapping, and once it’s done your bank accounts will likely be empty. Channel 9 consumer adviser Clark Howard sat ...
Your phone number could be stolen, giving thieves access to your accounts. Robert Ross had never heard of the crime of “SIM swapping” until he became a victim. “I saw a notification for a withdrawal ...
The eSIM standard was introduced in 2016, slowly gaining support as a secondary option in smartphones. Rather than holding ...