“On October 26, 2018 a hacker stole $1M from me, and the crime was made possible by AT&T.”
The hacker convinced, or bribed, an AT&T customer service rep to change my SIM number to work with his phone.
AT&T gave him control of my mobile service and then all text messages to my number went to the hacker’s phone.
This cybercrime is called a fraudulent “SIM swap”. Because of AT&T, the hacker was then able to take control of my Gmail by clicking “forgot password”, which sent a text to the hacker’s phone instead of mine to reset my email password. In minutes, I lost control of my mobile service, email and several other accounts. Then he logged into my financial accounts and used my $1M in US dollars to buy Bitcoin with my $1M and sent it all to himself. He also got picture perfect copies of my birth certificate, passport and driver’s license. This all happened in 20 minutes, and all because of AT&T and a 21-year old criminal. This was most of my life savings and it’s been devastating to my family.
SIM crime is happening to thousands of victims across the major carriers. Law enforcement can arrest and convict the criminals, but we must stop the carriers. StopSIMCrime is raising money to help victims take legal action to get the mobile carriers to change their ways, and to get our money back. We are also advocating for new laws to force the mobile carriers to stop giving control of our mobile service to criminals.
“Please donate to ensure this does not happen to you.
Thank you for your support.”
Crypto banks function the same as normal banks but only deal with digital assets such as Bitcoin, Ethereum and Ripple. The services of crypto banking include the holding of crypto balance, making payments and providing interest on deposits.
Bell flanker brand Virgin Plus rolled out a new process for SIM transfers, according to details obtained by MobileSyrup. According to a reader tip, Virgin Plus started rolling out the change on October 5th. Existing customers who complete a standalone transfer to a new SIM card in-store will receive a text message to approve the transfer.
Last week the Federal Communications Commission (FCC) put out for comment its first set of consumer cybersecurity protection rules under the Biden administration. These proposed rules address the growing scourge of so-called SIM swapping and port-out fraud.
Google has put out another blog post reminding people that it will soon enable two-factor authentication (2FA) for millions of users by the end of the year. 2FA, or two-step verification as Google calls it, is a security protocol that can help protect online accounts by requiring a second method of authentication when the user signs in. In most cases, this refers the codes texted to people’s phones after they log into a website.
SIM-swap fraud nearly doubled, and digital banking fraud victims lost over R309 million to criminals during 2020, according to the latest statistics from the South African Banking Risk Information Centre (Sabric).
SIM card swap fraud is a creative scam that cybercriminals use to exploit mobile activity. These scams have been on the rise since as far back as 2017, aimed at profitable victims that have been specifically targeted. In 2018, eight members of parliament lost money to hackers on duplicated SIM cards. The members of parliament had pinned this type of fraud on the Uganda Communications Commission’s (UCC) inability to put ample measure to deal with sim card hacking and mobile money fraud.
Donations to StopSIMCrime are used to raise awareness by supporting this website, travel to present at events, help victims recover their money, and stop carriers from giving our service to criminals.
A portion of your donation may be used to provide funding for lawsuits against the carriers and criminals. Because the carriers’ Terms of Service do not allow for legal class actions, each victim must take action individually, which may benefit victim individual. For that reason, we are not able to get tax-exempt status. To be clear, your donation is not tax deductible. However, our intention is that our collective efforts through your support will compel the carriers to fix the problem.