SIM-swapping attacks targeting executives are on the rise. In 2023, the FBI investigated 1,075 SIM-swapping attacks, which resulted in nearly $50 million in losses. SIM swapping has become so ...
Most people picture account theft as a hacker breaking into a device, but one of the more damaging techniques never requires physical access to a phone at all. In a SIM-swap attack, a criminal ...
A cellphone number can appear to be a simple way to reach someone, but it is also often tied to bank accounts, password ...
A former AT&T store employee took part in a SIM-swapping scheme that allowed a hacker to access victims’ bank accounts and ...
Former AT&T employee Kenneth Carter sentenced to 16 months in federal prison for SIM swapping conspiracy targeting nearly ...
The latest figures from the UK's National Fraud Database show a tenfold rise in SIM swap fraud cases over the past year. Criminals are hijacking mobile numbers to intercept two-factor authentication ...
In one incident in May 2018, described in Carter's plea agreement, the store employee swapped a victim's number onto an Alcatel handset while working his shift in Portland. A co-conspirator then ...
SIM swap fraud continues to cause substantial financial losses for both consumers and financial institutions, undermining the integrity of the financial ecosystem. According to the FBI’s IC3 Report, ...
As SIM swap attacks are often seen as non-demanding regarding technical skills, users must be diligent with their identity security. Despite the rise of cybersecurity infrastructure, online identity ...
The Justice Department recently, quietly unsealed an indictment that some mainstream and crypto media platforms quickly picked up and reported as charges that "solved" the mystery of a $400 million ...
By Mandar Patil, EVP, Cyble Today, your mobile phone number is associated with a lot of information other than calls or ...
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