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Investor Loses $45 Million In Bitcoin (BTC) And Bitcoin Cash (BCH) Via A SIM-Swap Attack
A hacker has drained the account of a Chinese whale of approximately $45 million in a SIM-swap heist. For those in the dark, a SIM swap attack is an act of porting a user’s mobile number to another SIM card in the possession of a hacker without the user’s knowledge. The bad actor is then […] дальше »
2020-2-22 17:49 | |
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The Rise of SIM Swapping: How and Why Bitcoiners Need to Protect Themselves
As SIM swapping has become more prevalent, those holding bitcoin are increasingly susceptible to attack. So how should you protect yourself? The post The Rise of SIM Swapping: How and Why Bitcoiners Need to Protect Themselves appeared first on Bitcoin Magazine. дальше »
2020-2-5 16:00 | |
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When Will the FCC Properly Address the SIM Swapping Threat?
Cryptocurrency users have become painfully aware of SIM swapping attacks. Even the US Congress is now growing concerned over this thriving problem. Consumers have little to no resource when a SIM swapping attack is performed successfully. дальше »
2020-1-13 07:00 | |
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Irish Hacker and Cohort could be Sentenced for Stealing $2.4 Million Worth of Cryptocurrencies
A group of six hackers by the name “The Community” are to be sentenced to more than 20 years each in prison for stealing more than $2. 4 million worth of cryptocurrencies using multiple SIM swap attacks, Independent IE reported May 13, 2019. дальше »
2019-5-14 05:00 | |
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Hacker Steals $1 Million Worth of Cryptocurrency in SIM Swap Attack
SIM swap hacks are becoming very common in the cryptocurrency space. In a recent case, a hacker was able to steal cryptocurrency worth $1 million from a San Francisco-based victim. The 21-year-old hacker also hacked into the phones of numerous Silicon Valley executives. дальше »
2018-11-22 19:29 | |
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New Payfone Patent To Prevent SIM Swap and Porting Attacks
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. дальше »
2018-8-29 13:50 | |
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