2020-12-4 01:06 |
“A SIM swap was part of the infamous Twitter hack in July, so this is no longer just an issue affecting the crypto industry," said Long. origin »
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Cryptocurrency stolen in a SIM swap may lead to a precedent-setting decision on phone company responsibility.
2024-10-3 23:30 | |
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As SIM swap attacks are often seen as non-demanding regarding technical skills, users must be diligent with their identity security.
2023-7-18 09:17 | |
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Payfone has been awarded a patent for SIM swap and porting attack prevention technology, which is already being used by organizations to reduce or eliminate fraud. The technology will also help cryptocurrency companies provide more levels of protection to their client’s accounts.
2018-8-29 13:50 | |
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SIM swap fraud and cryptojacking have increasingly become popular methods of cryptocurrency theft among hackers worldwide. In an attempt to deter such attacks, digital identity company Payfone has won a technology patent for SIM swap prevention.
2018-8-28 14:00 | |
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The cryptocurrency investor Michael Terpin is suing the large telecom firm AT&T because his mobile phone was compromised by hackers who stole $24M USD worth of digital assets. Terpin says he was hacked twice in less than a year and employees at AT&T participated in a SIM swap fraud.
2018-8-16 07:25 | |
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A U. S. -based cryptocurrency investor and entrepreneur has filed a multi-million-dollar lawsuit against telecommunications firm AT&T. Michael Terpin believes that he became the victim of a theft in which a large amount of digital currency was taken from him due to the company’s negligence.
2018-8-16 01:00 | |
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Hardware wallet manufacturer Ledger has suffered another massive data breach for the second time this year. The exposure of thousands of clients’ personal information has increased the threat of SIM swapping as an attack vector.
At least 20 crypto executives and customers of an Israeli telecommunications company were targeted in a sophisticated SS7 attack last month.
One of the rallying cries Bitcoin’s most fervent advocates use to promote the cryptocurrency is “become your own bank.” Indeed, this nascent technology allows you to complete the basic functions of modern banks: receive transactions, store capital, and send transactions (and also verify/process transactions if you want to become a miner). While many libertarians see...
Two individuals were charged yesterday for their suspected involvement in a two-year cryptocurrency SIM swapping scam. The suspects are believed to have taken control of telephone numbers and attempted to gain access to various online accounts to steal digital currency from victims.
Gregg Bennett, a Seattle-based angel investor and bitcoin ‘hodler’ has dragged Bittrex cryptocurrency exchange to court for allegedly aiding a SIM swap attack that allowed hackers to steal his 100 BTC ($923,700).
By CCN: Hackers, many in their teens, have drained the accounts of more than 50 Californian victims in a $35 million SIM swap heist. Officials estimate that in total, $50 million has been stolen in related attacks around the US since the beginning of 2018.