American telecom giant AT&T is being sued after one of its customers was allegedly scammed out of cryptocurrency in a SIM swap attack. Jamarquis Etheridge, a Texas, US-based man sued AT&T after he lost cryptocurrency tokens worth $560,000 (roughly Rs. 4 crores) from an account linked to his phone number. As per reports, Etheridge fell prey to a SIM Swap attack in which scammers dig out the numbers of potential victims and get them changed by network operators. After losing his Ether (ETH) tokens, Etheridge decided to take legal action against AT&T, questioning its user security provisions and demanding compensation
A customer of AT&T lost his fund because of the sim swap attack. Victim claimed that the company is aware about such kind of scams but still they authorised the hacker to access the account.
On Wednesday, a Texas resident filed suit against mobile carrier AT&T for violations of state law. The complaint accuses AT&T Inc. of failing to safeguard the plaintiff’s information in connection with a SIM swap that it permitted to occur, allegedly exposing the plaintiff to cryptocurrency theft and indeed causing hackers to empty his exchange account.
For years, security experts have encouraged developers to protect their applications by implementing multi-factor authentication (MFA) as an additional layer of cybersecurity other than passwords. But unfortunately, this has proven to be inadequate. According to a survey conducted by Sift, account hijacking scams increased by 250% in 2020, despite the addition of MFA.
The UK’s high street banks have been called out for “shockingly low” reimbursement rates for Authorized Push Payment (APP) fraud. APP fraud is an increasingly popular type of scam in which the fraudster — posing as a trusted entity such as a family member or business — tricks the victim into transferring money to a bank account under their control. It cost an estimated £479m in 2020.
SMS is often used as a carrier to send one-time passwords (OTP) to provide additional security for two-factor authentication when digital consumers access web or mobile applications. Unfortunately, SMS carrying an OTP is not enough. As hackers become more sophisticated, it’s becoming easier for them to compromise web or mobile applications with a wide range of out-of-band exploitation techniques that include carrier sniffing (SS7 attacks), malware (acting as a man-in-the-middle) and social engineering tactics (conveniently performing SIM swap fraud), all of which can successfully compromise security and grant fraudsters access to sensitive data.
A University of California, San Diego student obtained the cell phone accounts of at least 40 people in an effort to milk their cryptocurrency information and blackmailed one victim by threatening to release compromising photos, federal prosecutors said Monday.
Keeping tabs on your financial accounts is critical these days, but how can you be certain an alert from your financial institution is legitimate?
U.S. Attorney Duane A. Evans announced that RICHARD YUAN LI, age 21, a resident of Hercules, California, was charged on August 26, 2021 by a federal grand jury seated in the Eastern District of Louisiana in a four-count Superseding Indictment with conspiracy to commit wire fraud,...
A 21-year-old student at the University of California San Diego allegedly commandeered the cell phone accounts of at least 40 people to plunder their cryptocurrency wallets, prosecutors said.
Many users of the Coinbase exchange have found that their accounts are empty when the hackers managed to gain access to them and drained their cryptocurrency wallets. As per the interview done by one of the media publications, the customers of Coinbase across the U.S. were informed that their wallets are emptied once they logged into their accounts.
CNBC interviewed Coinbase users across the country and found thousands of customer complaints against the company.
“Insurers may offer options for worldwide territory. Jurisdiction for claims settlement should be India,” Irdai said in the guidance document on product structure for cyber insurance.
According to the Directorate of Criminal Investigations (DCI), Sabina Evelyne Nyanumba who is a student at Egerton University and 19-year-old Paul Nyabero Kilenya were arrested in Nakuru’s Njoro sub-county over the weekend. “Their pursuit and subsequent arrest followed the June incident where a woman received a call from a new number, and was made to believe that she was being engaged by a Safaricom customer care operator,” said the DCI
The two suspects, an Egerton University student identified as Sabina Evelyne Nyanumba and her 19-year-old accomplice Paul Nyabero Kilenya conned the couple in an alleged sim swap scam. According to a statement from the investigative agency, the duo, who was arrested in Nakuru over the weekend posed as Safaricom customer care agents after calling the woman with the intention to swindle her.
Two suspects have been arrested for allegedly conning a couple of Sh716,000 in a Sim-swap scam. Sabina Evelyn Nyanumba, an Egerton University student, and 19-year-old Paul Nyabero Kilenya are accused of committing the offense in June this year. The two were arrested by detectives from the Directorate of Criminal Investigations (DCI) in Njoro, Nakuru County.
Several million T-Mobile customers may now be busying themselves with setting up free credit freezes to deal with a data breach that included Social Security numbers. But they’re not the only people who should be considering doing some security cleanup work with their wireless accounts.
32-year-old private college teacher lost Rs3.2 lakh to fraudsters while seeking help for a problem he encountered after downloading a credit card payment application.
“Experts say SIM swapping, where fraudsters seize control of a victim’s phone number and SIM card through their phone company, is to blame for many of the cryptocurrency thefts.”
The U.S news channel had interviewed several SIM swap victims, who all voiced dissatisfaction over Coinbase’s handling of their situations. What’s more, the news outlet claims the issue is exacerbated by email being the primary method of contact, while phone support is not readily available. In pressing cases, such as an unexplained loss of funds, this presents a frustrating experience for those involved.
Let’s say an attacker manages to get your name, date of birth, and social security number. If you’re lucky, finding your address and reused password in another data dump may be enough to access your T-Mobile account.If that happens, you can be vulnerable to so-called things SIM swap attack, Hackers can switch control of your phone number to the phone they control. That’s definitely bad, but it can be even worse if the verification code sent by services such as Amazon, Twitter, and many banks is delivered by text message. In that case, the key to your online kingdom may be passed directly to someone else. What to do if you are concerned about T-Mobile data breaches
Threats of frauds and scams are among the most important challenges facing banks and their customers today. The accelerated shift towards digital banking services during COVID-19 has coincided with an upsurge in sophisticated fraud attempts, with the proportion of online fraud attempts using previously unseen tools or techniques going up from 20 per cent to 35 per cent during the pandemic, according to research. Banks in the UAE have continuously been working on identifying and mitigating upcoming fraud threats, and we have been running a concerted campaign, with several of our strategic partners, to educate the public about financial fraud and scams.
The U.S news channel had interviewed several SIM swap victims, who all voiced dissatisfaction over Coinbase’s handling of their situations. What’s more, the news outlet claims the issue is exacerbated by email being the primary method of contact, while phone support is not readily available. In pressing cases, such as an unexplained loss of funds, this presents a frustrating experience for those involved. “Coinbase’s customer service has been primarily via email, and many customers say it is hard to reach representatives and that they have not been made whole for their losses.”
Local mobile network provider, Telekom Networks Malawi (TNM) has revealed that over 91 per cent of mobile money fraud cases originate from Zomba Maximum Security Prison with prisoners and prison warders involved in the syndicate. This was revealed on Thursday at Parliament building in Lilongwe when the Parliamentary Committee on Media, Information and Communication had an interface with officials from TNM to appreciate measures being undertaken to curb the rising cases of mobile money theft.
Tanja Vidovic, a resident of the U.S. and a crypto investor got a shock of her life when she found out that all her savings had just vanished from her Coinbase account and that there is no trace of the currency so far. She received a series of warnings that someone was changing access to his cryptocurrency account. By the time she realized, she saw that someone hacked all of her hard earnings $168,000 in holdings.
For Tanja Vidovic, it was a moment of panic: She had received a series of alerts about someone changing access to her cryptocurrency account. And she realized, as she stared at her computer screen, that nearly all of her $168,000 in holdings was gone — vanished before her eyes.
Telecommunications giant T-Mobile warns data belonging to some 50 million individuals has been exposed. Here is a timeline of the data breach and its ramifications.
Coinbase are introducing a newe pilot called: The Coinbase Account Guarantee. Should someone gain unauthorised access to your Coinbase account and misappropriate funds, you may now be eligible for a reimbursement of up to £150,000.
Just when you think the T-Mobile hack can't get any worse, it does. On Friday, the carrier announced it discovered more customers were affected by the illegal breach. Adding to the seriousness of the hack, more information was accessed than previously thought. (You should take these steps right now to protect your financial information.)
T-Mobile confirmed this week that it was hit by a "highly sophisticated cyberattack" that exposed names, dates of birth, Social Security numbers and driver's license information for more than 40 million consumers who had applied for credit with T-Mobile.
TMobile has now issued a formal apology and offered free identity theft recovery services to nearly 48 million customers for whom the telecom giant failed to protect their sensitive personal information. At the start of this week, word got out that hackers claimed to have seized personal data for as many as 100 million T-Mobile patrons.
This week, the wireless carrier T-Mobile confirmed reports of a major data breach in which hackers obtained personal information belonging to more than 40 million past, present and potential customers. For some people, that means their full names, date of birth, Social Security numbers and even information from their driver’s licenses are being shopped around online in exchange for a few bitcoin. Unfortunately, dealing with data breaches is nothing new for the company — or its customers.
Hackers have found their way again into T-Mobile's systems, the fourth reported breach of the company since early 2020, and this haul included sensitive personal information associated with about 48 million people.
This week, the wireless carrier T-Mobile confirmed reports of a major data breach in which hackers obtained personal information belonging to more than 40 million past, present and potential customers. For some people, that means their full names, date of birth, social security numbers and even information from their driver’s licenses are being shopped around online in exchange for a few bitcoin. Unfortunately, dealing with data breaches is nothing new for the company — or its customer
A Massachusetts man who used SIM swapping and other account takeover techniques to target business executives and steal more than $530,000 worth of cryptocurrency has pleaded guilty to several federal charges, according to the Department of Justice.
ON 10 May 2021 pensioner Engela Smit received a call from her bank, asking if she had withdrawn N$360 000 from her account. A shocked Smit immediately headed to Bank Windhoek's Maerua Mall branch in the capital, and asked for a bank statement. It confirmed that around N$360 000 had been stolen from her account through manipulating the bank's mobile app. Smit is one of 64 victims of a syndicate that has defrauded Bank Windhoek clients of up to N$2,8 million in the space of a year.
IN AN EMAIL overnight, T-Mobile shared details about the data breach it confirmed Monday afternoon. They’re not great. Assorted data from more than 48 million people was compromised, and while that’s less than the 100 million that the hacker had initially advertised, the vast majority of those affected turn out not to be current T-Mobile customers at all.
Not all data Violation Born to be equal. None of them are good, but they do have varying degrees of badness. Considering that they happen frequently, you may have become accustomed to news, which is understandable. Nevertheless, hackers claim that the T-Mobile vulnerability involving 100 million people’s data is worthy of your attention, especially if you are a non-operator customer.
Responding to reports that a hacker claimed on an underground forum to have stolen the data of 100 million T-Mobile customers, the cell service provider has confirmed a breach did, in fact, occur, but says they’re still determining whether customer personal data were obtained, CNET reports. T-Mobile states, “We are confident that the entry point used to gain access has been closed, and we are continuing our deep technical review of the situation across our systems to identify the nature of any data that was illegally accessed.”
Boyd Egan, of Chicago, Illinois, was sentenced on August 13, 2021, to nine years in federal prison, to be followed by five years of supervised release, for bank fraud and identity theft. Egan also was ordered to pay $160,954.54 in restitution.
US telecom giant T-Mobile has said that it was investigating claims of data breach by a hacker that may have compromised more than 100 million users. The hacker is asking for 6 BTC in exchange for some of the data.
United States telecom giant T-Mobile’s data has been breached by the hacker, and he has demanded 6 BTC ($287,000) in exchange for some data. The data that has been breached is sensitive and carries some important numbers, social media handles, physical addresses and much more.
United States telecom giant T-Mobile is looking into an alleged massive data breach that may have compromised more than 100 million users.
Declan Harrington, a Massachusetts man charged two years ago for his alleged involvement in a series of SIM swapping attacks, pleaded guilty to stealing cryptocurrency from multiple victims and hijacking the Instagram account of others.
SIM swapping happens frequently — in the last few years, there have been several examples of SIM swapping in Canada. Plus, SIM swap attacks against high-9 profile targets, like Twitter CEO Jack Dorsey, have elevated the issue.
The American telecommunications provider T-Mobile falls victim to yet another data breach. More than 100 million user data have been stolen, including names, physical addresses, phone numbers, security numbers, unique IMEI numbers and driver license information.
There is no doubt that the digital world has made the lives of people easy to somewhat. At the same time, it has given platforms for online frauds and cybercrimes. There have been reports of people losing money from their bank accounts due to online frauds.
Kevin Frye filed a complaint in the Southern District of Florida against T-Mobile USA, Inc. for allegedly conducting a “SIM-Swap” without his consent, resulting in the loss of tens of thousands of dollars worth of cryptocurrency.
The Buganda Road Chief Magistrates’ Court has charged and remanded to Kitalya Prison five people on charges of hacking into airtel money services and stealing millions of shillings from unsuspecting customers. The group all residents of Namasuba Kikajjo zone in Wakiso district are said to have defrauded businessman Salim Sserujja of sh10,106,020 by gaining access to his phone after sending him a One Time password message [OTP] and convincing him to read the message after calling him thereafter transferring money from his phone.
These days, if you have lost your SIM card, you can have your number reinstated by your network service provider if you satisfy certain requirements, which are questions about the very same number. On this note, a new crime has emerged where impostors call users and pretend to be agents of their network service providers, telling them that someone wants to hack their numbers but they can prevent that if the users share certain security details with them.
Identity theft is one of the fastest-growing crimes in the world. Experts believe someone’s identity is stolen somewhere in the world every two seconds. According to the SAFPS 2020 statistics, there were significant increases in key areas, such as fraud listings that increased by 62%, victim listings increasing by 54% and impersonation fraud by 337%.
A 30-year-old man lost Rs 84 lakh due to SIM swap fraud by some unidentified cyber criminals. The victim, Shivam Arora, has lodged an FIR with the Hare Street police station in this regard.
There has been a sizable surge in usage of digital modes of payment during the recent years leading to improved customer convenience and to inching towards the national objective of financial inclusion. However, while this has improved the ease of doing financial transactions, co-incidentally, the number of frauds in retail financial transactions has also gone up. Concerned, the RBI Ombudsman has issued an advisory called “BE (A)WARE.
You may have heard or read about fraud modus involving what is called a “SIM swap scam” and thought, how can this happen exactly? A SIM swap is the last step to be carried out by the scammers in order to take over an individual’s financial accounts, be it banking, trading or credit cards.
A cyber expert Sunny Nehra has warned users about the SIM swap cases. Cyber criminals are pretending to be Vodafone, Jio, Airtel customer care executives and users are being asked to submit their 20-digit SIM card number and Aadhar card details. Using the details, the cyber criminals are gaining complete access to the bank accounts of users.
One day after last summer’s mass-hack of Twitter, KrebsOnSecurity wrote that 22-year-old British citizen Joseph “PlugwalkJoe” O’Connor appeared to have been involved in the incident. When the U.S. Justice Department last week announced O’Connor’s arrest and indictment, his alleged role in the Twitter compromise was well covered in the media.
The Pegasus developed by Israeli cybersecurity firm NSO Group, spying scandal is back in headlines. An international media consortium reported on Sunday that over 300 verified mobile phone numbers, including of two ministers, over 40 journalists, three opposition leaders besides scores of business persons and activists in India could have been targeted for hacking through the spyware.
The United States Department of Justice announced that Joseph O’Connor (aka as the "notorious SIM swapper"), a 22-year old UK national, was detained in Spain on several charges related to the Twitter hack in July 2020.
A juvenile in Canton Township and six other men have been identified as members of “The Community,” an international group that hacks into people’s cellphones -- often bribing or tricking mobile phone companies -- to steal millions of dollars in Bitcoin and other cryptocurrency, officials said.
The Commercial Division of the High Court of Malawi has found both Airtel Malawi and Standard Bank Limited liable in a case in which Billy Milindo was claiming a refund of K24 million, which was fraudulently cashed out by two fraudsters at two of Standard Bank Branches in Blantyre.
With two young boys and a single income, “John” and “Lisa,” were slowly building investments in cryptocurrency, were stunned to discover that $75,000 in his crypto account had dropped to $2,000.
The House of Representatives on Friday failed to consider the report by its Ad Hoc Committee on the Increasing Incidents of SIM Swap Fraud, which was mandated to carry out the investigation two years ago. The report of the committee was listed for consideration on Thursday and Friday but was stepped down for the passage of the Petroleum Industry Bill and the Electoral Act 2010 (Amendment) Bill 2020.
South Africa’s mobile service providers continue to face pressure from new and existing clients to tighten up their data security, as fraudsters continue to take advantage of false identities and SIM swap scams.
Three men were booked for hacking into a bank account of a senior citizen and transferring ₹38 lakh from it, without the man’s knowledge.
Criminals often use phishing to trick you into disclosing your personal information like usernames, passwords, credit card details and mobile phone numbers. They sometimes also request your One Time Password/PIN (OTP) that will be sent to your mobile phone when transacting.
A fraud suspect suspected of running a high-tech mobile phone scam syndicate was apprehended on Saturday morning, and a gunny bag containing SIM cards belonging to Safaricom, Airtel, and Telcom mobile phone service providers recovered.
As the number of high-profile SIM swap frauds rises, telcos, financial institutions, and other organizations must do more to protect their consumers and lead with security. Every product, service, and interaction must have a cross-channel security approach baked in.
SIM-swapping frauds are on the rise. This is a type of account takeover scam where hackers take control of your phone number to access all kinds of personal information. It requires only minor tech skills for an attacker to target your cellphone number, which is why it has become popular with younger, less sophisticated hackers. So today, we’re going to talk about SIM-swapping scams — what they are, how they work, and how you can defend yourself from becoming one of its victims.
MIDC Police arrested two men from India for their alleged role in a Rs 20 lakh SIM swap fraud on July 12. The accused kingpin had stolen data from a jewellery company's computer system using malware and had wired the stolen money to several accounts across the country.
This isn’t the first time the major U.S cellphone carrier has faced litigation over its alleged breach in its duty of care over customer data and loss of bitcoin. Earlier this year, T-Mobile was sued over a SIM-swap attack that resulted in the loss of more than $450,000 in bitcoin.
While strong authentication truly is the cornerstone of good security, it’s important to note that there’s no such thing as a silver bullet in this industry and that cybercriminals have found ways to bypass MFA protections.
Telus-owned Public Mobile announced on Wednesday customers now need an extra security step in order to change their SIM card number, in the form of 2-factor authentication.
Federal Bureau of Investigation (FBI) has issued a warning that cybercriminals are increasingly targeting crypto exchanges, third-party payment platforms as well as private owners of digital assets.
Imimobile, a company which Cisco acquired this year, aims to provide technology solutions to banks and other financial institutions to help detect and prevent suspicious SIM swap activity.
A criminal syndicate took control of Vodacom, MTN and Telkom subscribers' accounts and stole millions through facilitating illegal SIM swaps.
In recent years, mobile operators – having centralised many services including purchasing data and airtime, accessing certain banking services and even transferring funds to another mobile number – have seen a sharp increase in scams. While some are well-known, such as performing a SIM swap, others are a bit more sophisticated. We look at some of the most common mobile network scams out there and how you can better protect, not only your money, but your device.
Mobile Carrier Mint Mobile disclosed that a data breach has happened between June 8 and June 10 for a small number of their customers. The bad actor temporarily number ported their Mint Mobile accounts to another mobile carrier. While they were able to retrieve the numbers, the bad actor had access to personal identifying information of the data breach victims, and therefore advised their customers to take precautionary measures and to reset their passwords.
The FBI advices cryptocurrency owners, and platforms to stay vigilant against possible cyber attacks.
Richard Harris, a consumer filed a complaint against T-Mobile for allegedly giving a hacker his account information, resulting in a loss of approximately $55, 000 worth of his Bitcoin.
Identity theft is identified as one of the biggest crimes in the world. Sim Swap is one way syndicates can steal your identity, thus getting access to your Money and Accounts.Here’s how it works and what to do if you have fallen victim.
Through Sim-swap, fraudster can keep victims from getting alerts through SMS. Instead, these information like OTP, URN, or other verification codes go straight to the fraudsters who are going to use these to make online banking transactions though the victims' accounts.
Twitter added a new feature: for users to have an option to use security keys as a form of 2FA, which helps to keep people's account secure.
Phone number is an easy-to-find detail that can be used by cybercriminals to take over one's life. Recently a deputy minister lost a huge amount of money and someone was able to take over an operation with his company.
Sim Swaps allows crypto scammers to gain consumers' credentials and use it to send an invite that seems legit then making them send their money to a wallet. Though this is the case, specialists developed software that can verify transactions to avoid scams.
With the rise of Digital technology, the danger in our personal security is also alarming. If we want to strengthen our security and secure our information and data, we must first understand the threats we face and how to prevent them.
Public Mobile's employee once told a customer that the service she uses is “more at risk than others” because she pays less. Are phone carriers using less secured methods when you pay lesser than the others?
Overtime technologies are fast evolving, cybercriminals too are fast to adapt and develop ways to access what they needed to steal from individuals. Learn how Sim Swap Crime works and how to prevent this from happening to you.
Dr. Patel from New Delhi, India lost Rs 4 lakh ($5,381.64 USD) last week due to a phone call scam. Cybercrim
Sharon, a resident in Burnaby, shared how Sim Swap hacker emptied her bank account and what to do when this happens to you.
SIM swap victim Phil Michno loses 3 BTC after a Boost Mobile customer rep authorizes a fraudulent SIM swap to T-Mobile.
Identity theft become one of the most reported issue in the financial and telecommunications sectors. Due to this, Kenyan banks loses over 13 billion KSH ($121.49 million) a year shown through a survey conducted by TransUnion’s digital fraud solution.
Before you realize it's happening, Fraudsters can easily take over your life by imitating your identity. This is possible if they can access your accounts through your SIM card.
Machakaire, Deputy Minister in South Africa lost a total of R600 000 when criminals had control of his Company, Tinmac Motors. All this happened when criminals hacked his mobile phone line.
A Chinese National, who worked for an intelligence agency in China, caught for smuggling 1300 Indian SIM cards. The Sim cards were being used by a gang of Chinese people for hacking accounts, and committing several kinds of financial frauds for the last two years.
An investigation has uncovered 1, 914 subscriber accounts under MTN that were compromised by cybercriminals to facilitate illegal SIM swaps in South Africa.
Authentication platform tru.ID has released Active SIMCheck, an easy to integrate API product, as a timely response to the alarming growth in SIM swap fraud and account takeovers.
“Even security-savvy individuals who use MFA find themselves plagued by hackers with sophisticated technology at their disposal,” stated Greg Smith, Vice President of Services Delivery at Messaging Architects. Cyber security Experts shares an example of such crime and provided methods on keeping your identity secured.
Sim swapping is commonly used by cybercriminals these days to get into an individual’s identity and personal data. They can change account passwords, steal money or data. They can control your life. Here are a few things to prevent this from happening to you.
A Pennsylvania woman who lost the equivalent of $20,000 in cryptocurrency as part of a mobile fraud scheme says T-Mobile failed to protect her account in the face of a wave of similar incidents.
Varsha Aggarwal a resident of Noida in India, received a call from someone pretending to be a Call Center Representative. The latter aimed to get Aggarwal's information for a Sim Swap process and to steal money from her.
Here’s how easily your phone number could be stolen, why a successful SIM swap scam is only the beginning of your problems, and how you can avoid becoming a victim of the attack
Cryptocurrency has become a red-hot investment, generating huge returns for people who bought in at the right time. But ABC Action News I-Team Investigator Adam Walser has uncovered cyber-criminals have found ways to drain people’s cryptocurrency accounts in the blink of an eye.
The Queen actor SK Khoza has hit out at famous network provider Vodacom for allowing a random person to do a swim swap on his number.
A Timonium man was sentenced last week to serve two years in federal prison, followed by one year of supervised release after pleading guilty to aggravated identity theft, in connecting with schemes to use the identity information of victims to steal digital currency and social media accounts.
A 57-year-old man from the camouflage department lost 850 euros after a “SIM swap”, reports France 3 Occitanie
Boris Johnson’s personal phone number has been publicly available on the internet for 15 years, it has been revealed. Listed at the bottom of a 2006 press release, the number has reportedly been accessible online from the time the prime minister was shadow higher education minister through to his rise to Number 10.
Securities regulators and enforcement officials do not have the luxury of downtime. With markets surrounding digital assets operating at all hours and on a global scale, there is a constant supply of bad actors needed to be kept in check.
Eric Meiggs admitted he and one other co-conspirator focused their attacks on those they considered “OG” or “original gangster” of crypto social media, according to an announcement by the Department of Justice Wednesday.
Popular hacking forum OGUsers has been hacked for its fourth time in two years, with hackers now selling the site's database containing user records and private messages.
The world's leading provider of mobile payment and identity solutions, and French mobile services providers SFR, Orange and Bouygues Telecom, today announced that they have signed a partnership to launch mobile identity products aimed at protecting consumers against cyber-hacks, account takeover attacks, SIM swap attacks, and other forms of digital fraud.
Half of all phishing complaints reported to the state's nodal cybersecurity agency, Maharashtra Cyber, in the past two financial years pertained to banking frauds.
Information leaks by shady hackers, increased use of online banking and a rise in e-commerce activity could lead to a rise in SIM-swap fraud – although South African banks say they’ve already recognised the threat.
North American IT company Presidio faces a proposed data breach class action by an employee for an incident involving employee data.
Ne’er-do-wells leaked personal data — including phone numbers — for some 553 million Facebook users this week. Facebook says the data was collected before 2020 when it changed things to prevent such information from being scraped from profiles.
At first glance, it seems so retro. Subscriber Identity Module cards, better known as SIM, used to be an easily removable portable memory chip that acted as the brain of a mobile device.
Choose the wrong beneficiary or transpose an account number and your money will end up as an unintentional gift in someone’s account. That someone may well choose not to give it back, and the bank can’t compel them to, leaving lengthy, costly legal action as your only option.
A new type of scam worries telecom companies. Criminals have succeeded in copying users' SIM cards. Cecilia grew up as Guerra, gaining access to their bank accounts and business houses.
JT Group's Clare Messenger on How Banks, Mobile Network Operators Can Collaborate
IPification, the passwordless, one-click mobile identity and authentication solutions provider deployed its one-click phone verification, SIM swap detection and KYC data services within Swisscom, the leading mobile network operator in Switzerland.
Telecommunication companies have rejected demand by the Nigerian Electronic Fraud Forum (NeFF) and banks to submit lists of SIM Swap customers to Nigeria Interbank Settlement System (NIBSS) for watchlist against e-fraud, it was learnt on Tuesday.
Bitcoin has been all over the news in recent weeks. Its valuation has shot up in these last twelve months, even reaching $58,000 last month – worth over £41,000 at the time of writing.
A sixteen-year-old Ava Rose Beaune was hanging out at a friend’s house on an otherwise unremarkable mid-July afternoon when her cell service briefly shut off.
Hackers have been able to hack the crypto accounts of dozens of T-Mobile customers via a telephone shop in Vaals, the damage amounting to 8,000 euros per customer. The police raided on Friday.
The teenager honed his skills in a video game before unleashing havoc on some of the world’s biggest celebrities and most valuable companies.
It happened in July 2020, when many prominent blue-badged Twitter accounts suddenly starting sending out scammy cryptocoin messages.
Vice reporter Joseph Cox detailed how the white-hat hacker—an employee at a security vendor—was able to redirect all of his text messages and then break into online accounts that rely on texts for authentication.
Using SMS as a second factor for authentication has always been a bit iffy, due to the risk of “SIM swapping” attacks. However, many people (and organizations) have been willing to take the risk, as the general consensus has been that SIM swapping is a relatively rare and somewhat difficult attack to pull off.
SMS text messages were already the weakest link securing just about anything online, mainly because there are tens of thousands of employees at mobile stores who can be tricked or bribed into swapping control over a mobile phone number to someone else.
A gaping flaw in SMS lets hackers take over phone numbers in minutes by simply paying a company to reroute text messages.
Guns.com is a major Minnesota, US-based platform to buy and sell guns online. It is also home to news and updates for gun owners and enthusiasts around the world. However, on March 9th, 2021, a database apparently belonging to Guns.com was dumped on an infamous hacker forum.
There’s a newly discovered attack on SMS messaging that’s almost invisible to victims, and seemingly sanctioned by the telecom industry, uncovered in a report by Motherboard.
A Murcia man has been arrested for running an international SIM card cloning gang taht stole at least €400,00 from online bank accounts.
A woman, working as a senior executive at a firm in Sector V and residing at FD Block in Salt Lake, became the latest victim of SIM swap fraud and lost around Rs 42,000. The first such fraud was reported in the city almost four years ago.
American telecommunications provider T-Mobile has disclosed a data breach after an unknown number of customers were apparently affected by SIM swap attacks.
Law enforcement authorities in New York have charged a man in connection with an alleged SIM swap scam which saw victims lose out to the tune of $150,000 in digital currency, according to reports.
Four people suspected to be part of a syndicate that has been committing fraud through sim card swapping have been charged.
Two of South Africa’s largest corporates, telecommunications giant MTN and Nedbank are yet again in the limelight for all the wrong reasons.
Detectives have arrested five suspects for defrauding innocent Kenyans through SIM swapping and using SIM cards of deceased people to steal.
Eight men have been arrested in England and Scotland as part of an investigation into a series of SIM swapping attacks, in which criminals illegally gained access to the phones of high-profile victims in the US. They say these attacks targeted “numerous victims throughout 2020, including well-known influencers, sports stars, musicians, and their families.
T-Mobile is being sued by a customer as a result of a SIM attack that resulted in over losses of over $450,000 in cryptocurrency.
A posse of alleged SIM-swapping cybercriminals has been rounded up across Europe by law-enforcement after the crooks finagled more than $100 million from U.S. celebrities and their families.
An Alabama man accused of stealing more than $150,000 in cryptocurrency through a large-scale SIM swapping scheme that targeted Manhattan residents was hit with a host of charges on Wednesday.
A 36-year-old Florida-based telco employee was charged Monday over a SIM-swapping scam that stole one victim’s cryptocurrency.
A Subscriber Identity Module, more commonly known as a SIM card, is an integrated circuit that stores information used to authenticate subscribers on mobile devices, such as a cell phone. The SIM card is able to be transferred between different devices, and often is, when people update into a newer cell phone.
Eight men have been arrested in England and Scotland as part of an investigation into a series of sim swapping attacks, in which criminals illegally gained access to the phones of high-profile victims in the US.
A 36-year-old resident of Brandon, Florida, was charged in a one-count Bill of Information with conspiracy to commit wire fraud, in violation of Title 18, United States Code, Sections 371 and 1343, for his role in a SIM Swap scam that targeted at least nineteen people, including a New Orleans-area physician. DEFIORE is the second member of the conspiracy to be charged
Just by controlling your SIM (Subscriber Identity Module), a cybercriminal could access your texts, email accounts, contacts, and bank accounts. The cybersecurity breach possibilities are endless!
A teen suspect in a nationwide cell phone hacking scheme was arrested in Aina Haina on Wednesday morning and now faces three felony charges.
A 48-year-old man from Daly City, CA, claims to have lost approximately $27,000 of Bitcoin in a crypto scam. The scammer impersonated Ledger support staff to get into his account. There’s been a growing trend in SIM swapping attacks on the crypto community recently.
The gang was into this technique of SIM swap since 2011 to get access to net banking credentials of victims and siphon off funds from their accounts, police said, adding that the leader of the gang was operating
We talk to a loveMONEY reader who lost £8,000 in a SIM-swap scam despite trying to stop her bank from approving unauthorised transfers.
A 21-year-old Irishman who pleaded guilty to charges of helping to steal millions of dollars in cryptocurrencies from victims has been sentenced to just under three years in prison.
A Dublin man involved in the theft of more than $2 million in cryptocurrency through SIM-swap attacks has been sentenced to almost three years in prison.
A defendant allegedly tried to engineer a SWAT raid on his co-conspirator’s home. Two US citizens have been indicted on charges related to a phishing and SIM swap scam that saw one victim defrauded of $16,000 worth of cryptocurrency.
T-mobile allowed a complete stranger to do a SIM swap on Oren and Coinbase allowed a complete stranger to change his Coinbase identity with no questions asked. His money is lost, but maybe you can protect yours.
A 20-year-old resident of Hercules, California, was charged on June 8, 2020 in the Eastern District of Louisiana in a one-count Bill of Information with conspiracy to commit wire fraud, in violation of Title 18, United States Code, Sections 371 and 1343, for his role in a SIM Swap scam that targeted at least twenty people, including a New Orleans-area physician.
Veritaseum is suing the U.S.’ third-largest phone carrier for failing to prevent a hack that led to the loss of millions of dollars-worth of cryptocurrency.
A U.S. cryptocurrency investor sued a suburban New York high school senior, accusing the 18-year-old of being the mastermind and ringleader of a cybercrime scheme that defrauded him out of millions of dollars in digital currencies.
An eighteen-year-old computer crackpot, whose parents' home was searched last November in Montreal by the Toronto Police and the Sûreté du Québec, is suspected of being part of a circle of hackers who stole tens of millions of dollars by gaining access to cryptocurrency holders' cell phones.
Security researchers agree that for most people, adding text-message authentication is a big step up from only using a password, but that can leave you open to a relatively new attack called SIM swapping
Jack Monroe says she has lost about £5,000 after her phone number was hijacked and re-activated on another Sim card.
The co-founder and chief executive of Twitter had his own account on the service briefly taken over by hackers.
Twitter CEO and co-founder Jack Dorsey's account was hacked, with the people responsible tweeting sexist, racist and anti-Semitic comments, as well as bomb threats.
How to protect yourself from a SIM hijack, deal with an attack as it happens, and recover afterwards.
FOX 11 is tracking down and confronting a Verizon employee accused of taking thousands of dollars in bribes to assist criminals known as “SIM Swappers”, who can leave their victims financially ruined.
Numerous members of the cryptocurrency community have been hit by SIM swapping attacks over the past week, ZDNet has learned, in what appears to be a coordinated wave of attacks.
Sean Coone lost north of $100,000 last Wednesday. It evaporated over a 24-hour time span in a “SIM port attack” that drained my Coinbase account. It has been four days since the incident and he's gutted.
A 21-year-old student from the U.S. who stole over $7.5 million in cryptocurrency via SIM-swapping hacks has been sentenced to 10 years in prison.
It was like every other day on April 15, 2019, until Gregg Bennett noticed his phone lost all service completely.
A 21-year-old Manhattan resident accused of hijacking cell phone accounts to steal tens of millions of dollars in cryptocurrencies from victims.
A Bloubergstrand man had his Absa business account swindled out of R3.1 million while he was in Miami for two months. Feruccio Ferucci left Cape Town in October without suspecting that his banking information had been stolen.
On behalf of the banking industry, the South African Banking Risk Information Centre (Sabric) recently published a list of tips on how the general populace can protect their money this festive season.
A Noida-based man has lost nearly Rs. 7 lakh from his bank, without even owning a smartphone. He has claimed his account was wiped clean over last two months.
Mobile phones are helping millions of low-income customers to access financial services for the first time, but they are also exposing them to new cyber threats they could never have imagined.
You can be betrayed by your mobile phone and cause your hard-earned money to be lost in your bank. The devastating tragedy must be avoided and this is all about what you shouldn't do and what you should do.
Young tech whiz kid hacked Silicon Valley executives' phones to steal cryptocurrency - and one victim watched as his cell went black and $1MILLION disappeared from his accounts
With SIM swaps rising, a man posing as an employee of Airtel's mobile service provider duped a Pune resident into revealing the data of his SIM card in a recent incident and then took 93.5 lakh rupees from his bank.
Silver Miller. The U.S.-based cryptocurrency law firm claims that it has filed arbitration claims against AT&T and T-Mobile on behalf of the victims of "SIM swapping" cell phone hacks.
Silver Miller has recently lodged numerous arbitration cases against AT&T and T-Mobile on behalf of crypto asset holders targeted in an emerging identity theft crisis known as "SIM swapping."
KrebsOnSecurity recently had a chance to interview members of the REACT Task Force, a team of law enforcement officers and prosecutors based in Santa Clara, Calif. that has been tracking down individuals engaged in unauthorized “SIM swaps”
An investigation has uncovered that millions of customers at big-name telecom carriers are at risk of being exposed to a scam that enables hackers access to their bank accounts via mobile devices.
Recently, the Turkish authorities have registered a win for themselves. The authorities have detained a group of digital currency hackers, based on a recent article. The arrested criminals were charged with digital currency wallet hacking via sim swapping.
Undercover filming found that workers from O2 and Vodafone are bypassing simple ID checks and handing over suspected suspects with replacement Sim cards. They will capture SMS text messages from banks bearing authentication codes until fraudsters take ownership of a mobile number.
Authorities in Oklahoma City arrested a man who believes that sources in the criminal hacking community are one of the most infamous "SIM swappers" who steal cell phone numbers and use them in digital currency heists.
Jared Goetz's credit card was fraudulently charged, his phone cut-off, and his email account hacked. But in an extraordinary phone call, Goetz managed to talk the hacker down, and get his digital life back.
The first indications that hackers had seized possession of a Sydney woman's cell phone and were soon manipulating her identification were two apparently harmless text messages from Optus.
Dr Herbert Gustav Yankson, Head of the Computer Crime Unit of the Ghana Police Criminal Investigation Department (CID), has reported that Ghana has lost $90,168 to cyber crime as of August this year.
Its inaugural automated banking crime figures is issued by the South African Banking Risk Information Centre (Sabric). There were 13,438 incidents in 2017 across banking applications, online banking and mobile banking, according to the study, costing the sector more than R250 million in gross losses.
After fraudsters cloned and seized ownership of the mobile number used by a Mumbai-based firm's accountant. The business was duped of Rs 50 lakh. They siphoned the balance from the bank account.
Candy Henriquez's phone number has been stolen four times in 13 months. It's a type of attack known as SIM hijacking or swapping. A criminal pretends to be an authorized holder of a number, often by tricking a customer service representative.
An esports star announced that he was the target of a sim swap hack, causing him to lose a large sum of cryptocurrencies.
When fraudsters stole over her cell phone and used it to empty her bank account, a desperately deaf woman who lost £ 8,371, claims her confidence in the financial system and Metro Bank in particular has been left in tatters.
A bitcoin trader who claims he lost $24 million in two hacks after his phone number was hacked asks AT&T to compensate him damages of more than $200 million.
A former NHS worker had her bank account emptied after scammers called her pretending to be from Natwest and a GYM owner from Cheshire, had his TSB bank account completely cleared out by scammers after they stole £17,000.
Six months after her sacking from the cabinet by President Cyril Ramaphosa, former minister of communications, and public service and administration, Faith Muthambi, is broke and destitute.
Michael Terpin, lost $24 million to hackers who swapped his AT&T SIM. Terpin is suing the carrier for $224 million. This move, which could set a frightening precedent for carriers, accuses AT&T of “fraud and gross negligence.”
A 25-year-old has been taken into custody in Florida for allegedly being part of a cyber-based fraud ring that impostors victims by hijacking mobile number in online attacks that funnelled hundreds of thousands of dollars worth of cryptocurrencies such as bitcoin.
Safaricom CEO Bob Collymore has resumed duty after a nine-month break at a time when the firm is grappling with SIM swap fraud. A Safaricom employee linked to the crime was charged with computer fraud at an Eldoret.
Worldwide authorities say that a college student with a 20-year-old hijacked more than 40 mobile numbers and stole $5 million, including some from digital currency investors at a blockchain conference to the Consensus.
A member of OGUSERS hacked the pro wrestler Adam Cole with the goal of selling his Twitter account and used it to protest Motherboard’s recent investigation into a forum where members trade stolen social media accounts.
In Kenya, cell phones are like bank accounts, with some people storing all their deposits on their phones, and fraudsters attempting to break into them to steal the money.
In the Salt Lake City suburbs, it seemed like any other warm September night. Rachel Ostlund had just put her children to bed and was getting ready for her own sleep. When, unexpectantly, her cell phone lost service, she texted her sister. The last message that Rachel received was from her carrier, T-Mobile. Her phone number's SIM card, the message read, had been "updated."
A recent tweep case has left many Kenyans in a panic mode, some even opting to disable mobile cash and mobile banking services or transfer service providers after a number of people told stories of how through illegal SIM swaps they lost thousands of shillings to fraudsters.
A resident of Nirman Vihar in Delhi has lost Rs 13 lakh after he was duped by a gang of fraudsters. The fraudsters collected all the personal bank information of the victim via phone tapping.
A 27-YEAR-OLD Powai-based woman lost Rs 1 lakh after she allegedly received a call ostensibly from her mobile service provider asking her to forward a text message to a mobile number. According to the police, she was a victim of a “SIM swap” fraud, a particular type of vishing fraud that has been on the rise in recent weeks.
A citizen of Regent Estate in south Kolkata, was allegedly duped of Rs 70,000 earlier this month by someone on the telephone who asked her to share her SIM upgrade Aadhaar number. She lost Rs 1 lakh to a cyber fraudster posing as an executive of a telecommunication firm in a similar incident.
A consumer and her husband, twice in the past six months, have had to deal with fraudulent activity on our MTN numbers.
Cyber specialist Shubham Singh said, "A two-part attack is this particular modus operandi." The first element requires obtaining the victim's bank information. The second includes contacting and collecting information using the recorded telephone number that may be used to block the victim's SIM card.
Cyber thieves are back with a new method of SIM swap theft to dupe individuals. Instances of people being fooled by fraudsters are often recorded throughout the world.
The last thing anybody needs to encounter is the horrid nightmare of getting a bank notice notifying them that all the funds in their account has been drained out, particularly because without their permission when the transaction took place.
Tania Bhattacharya received a call, allegedly from her cellphone service provider two weeks ago. She was offered a SIM upgrade and asked to share her 20-digit SIM number.
Cyber fraudsters have come up with a modern tactic to dupe victims by digitally copying their SIM card to siphon off cash from their bank account as the authorities are busy facing the danger of vishing (voice phishing) and credit card cloning.
A man watched helplessly as cybercriminals stole £9,000 (nearly US$12,000) from his account at British bank TSB while he waited – for four-and-a-half hours – to get through to the bank’s fraud line, according to a BBC report.
A Pietermaritzburg resident is still suffering the consequences after falling victim to sim swap fraudsters. The ordeal started after she lost network coverage soon after receiving a phone call from someone who masqueraded as a Cell C call centre agent.
A former police inspector has forced TSB to reimburse him £2,500 that was stolen from his account, after staging a three-day sit in. Spent three days at the high street branch trying to find out what happened to his money after hackers left him with just £20 in his account.
A TSB customer claims he was left without any access to cash for two weeks after scammers hacked his account, changed his password and stole £3,500.
T-Mobile is investigating a retail store employee who allegedly made unauthorized changes to a subscriber's account. The modifications could have let the employee empty bank accounts associated with the targeted customer.
On May 3, a 28-year-old woman was cheated out of Rs 1 lakh by a man who pretended to be an executive caller from the office of her telecom operator. The man reportedly informed her that her mobile number will be disabled for 24 hours after the message was received, before the authentication was done.
A cryptocurrency YouTuber known for his (sponsored) ICO reviews, was apparently hacked out of $2 million during a livestream session.
Bank accuses businessman of gross negligence after his account is cleared of £20,000, despite accepting he did not authorise the payments.
Cyber criminality is increasingly making inroads into the territory of SIM swapping, opening the mobile phones to the possibility of losing sensitive details. To find out how much harm has already been done, Rangoli Agrawal zips into motion.
A T-Mobile bug exposed some personal information on any customer. The bug was so well known that someone made a tutorial on how to exploit it on YouTube. No passwords, social security numbers, or credit card data was exposed. But it did expose email addresses, billing account numbers and phone numbers.
After fraudsters stole a customer's phone and managed to clear his bank account, the protection practices of the giant cell phone firm EE were called "totally inadequate."
A man sued T-Mobile on Sunday, claiming that the company’s lack of security allowed hackers to enter his wireless account last fall and steal cryptocoins worth thousands of dollars.
A Delhi-based executive woke up to nine SMSs from ICICI Bank Ltd, where he has a savings account. The messages were about various transactions from his account while he was sleeping.
Allegedly, the Rs 1.3 lakh scam occurred in the name of connecting Aadhaar with SIM. According to one Shashwat Gupta, due to Aadhaar-SIM connection theft, he lost Rs 1.3 lakhs from his ICICI Bank wage account.
Another group of hackers attempting to hack into the giant communication company Safaricom has been arrested. One customer lost KSh 266,000 via an illegal SIM swap, the company said. The attack happened days after other hackers were arrested, with one of them penetrating the KRA system, resulting in billions of losses.
The hacker swapped his or her own SIM card with the victim's phone, presumably by calling T-Mobile. This, in turn, shut off network services and allowed the hacker to change most of the victim's Gmail passwords, Facebook password, and text.
ackers also noticed that one of the most critical components of online protection, the cell phone number, is often one of the simplest to steal. Hackers have been contacting Verizon, T-Mobile U.S., Sprint and AT&T in an increasing amount of online attacks and telling them to pass ownership of the phone number of a target to a computer under the control of the hackers.
After a fan has been conned out of his rent income, Somizi Mhlongo is "incredibly angry" and "hurt". In the 'Idols SA' judges' name, the fan was a survivor of a sim swap and phishing scheme 'set up.'
Dena Haritos Tsamitis left a work conference last spring to find that she did not get a signal on her mobile phone. She couldn't get service even after rebooting the system, rendering her unable to reach her college student daughter, who normally interacted with her during the day.
Experts advise about millions of Verizon subscribers still at risk following a data exposure by an Israeli firm operating with Verizon. Chris Vickery, director of cyber risk analysis at protection company UpGuard, discovered 14 million consumer data on an exposed and vulnerable Amazon S3 storage server in late June.
The Police Special Fraud Unit (PSFU) arrested 11 suspected fraudsters on Monday in a stunning development in a nearly three month investigation, including three Heritage bank officials, and two MTN employees over N150 million fraud. They allegedly siphoned money from bank accounts using phone numbers linked to customer accounts obtained from shady MTN employees.
Count yourself lucky if you have not experienced SIM swap fraud. It's a relatively new, advanced form of fraud that enables hackers to access bank accounts, credit card numbers, and other personal information. It's tough to spot, and even tougher to undo the damage that results.
Criminals are using a simple trick to steal people's mobile phone numbers. Fraudsters simply need an account number for your mobile provider and your date of birth. It's a surprisingly easy thing to accomplish and can wreak havoc for those who unwittingly become targets.
A TV News Journalist investigates the scam and helps victims by dispelling the myth that those scam artists have a specific method for porting your phone.
An Instagram hack hit millions of accounts. Have I taken the necessary precaution to protect my social media assets, and more importantly, to protect myself?
It starts with a Verizon text message. With Verizon and Coinbase.com, Cody Brown lost $8k worth of Bitcoin in 15 minutes.
A Vodacom subscriber recently contacted MyBroadband regarding numerous SIM-swap request SMS notifications he received, which he said forced him to constantly close and reopen his bank account.
You might be the next victim of a thriving 'sim card swap fraud' if you use a cell phone number with a 3G sim card and your online banking account is connected to it. Reportedly, at least 30 Bengalans have fallen prey to scamsters, losing enormous sums of money since mid-2016.
SIM-swap fraud victims are gearing up to take to court some SA banks and mobile operators. About 20 Absa, Standard Bank, FNB and Capitec clients, and Vodacom and MTN mobile operators, will be approaching the courts to request information and action from the groups.
Text messages sent by banks to consumers are being captured by fraudsters, we can show. In the ruse, scammers hijack the cell phones of consumers and redirect both calls and messages to their own handsets.
Safaricom, the mentioned telecom operator, has been the largest corporate entity to come under cyber attack. According to Safaricom, in order to obtain access to consumer funds on its mobile money transfer site, M-Pesa, hackers sought to gain access to its device.
SIM-swap theft cost a serious amount of money to former Vodacom subscriber Piet Malan, forcing the operator to clarify how it defends clients against this kind of abuse. After he became the target of a fake SIM exchange, Malan told MyBroadband that criminals transferred over R249,000 from his bank account. The fraudsters have ran up a bill amounting to over R259,000 on their Vodacom account.
Since fraudsters drained his bank account of almost £ 2,000 and destroyed a family vacation, a dad battling cancer has begun civil proceedings against a cell phone company. Graham Hill, 50, from Auction, was the target of a sim-swap fraud racket that has been sweeping Britain.
The self-professed night owl Jered Kenna was working at home in Medellin, Colombia, just after midnight on August 11, when he was informed that the passwords had been reset on two of his email addresses. By prompting the email service to give him text messages containing a secret, he attempted to set up new passwords himself, but they never arrived.
A new mobile hack that the bad guys are using to exploit telephone carriers and it starts with AT&T calling you every day.
A notable investor in blockchain has been hacked. The hackers had stolen $300,000 in digital currency and may have stolen even more, in ether, from the ether wallet of Bo Shen, a co-founder of VC firm Fenbushi Capital.
Imagine waking up the YouTube channel you've been creating over the last ten years all gone.
In May, Wale Ibironke, an information technology specialist, woke up to give his sister some money. But he decided to visit one of the customer service centers of one of the largest telecommunications firms in Nigeria, Etisalat, before he could do that.
Only by knowing the last four digits of his Social Security code, a hacker was able to obtain access to Deray Mckesson's phone today. Verizon was called by the hacker and Mckesson was impersonated and transferred his SIM to another cell. The hacker was able to circumvent the two-factor security that Mckesson had set up on his Twitter account, two email addresses, and his phone until it was moved.
When her phone died a couple weeks ago, Lorrie Cranor wasn't too upset. Dropped calls are as popular as trains that are delayed and windows that are cracked. It was also dead the next morning. That was also her husband's. And that's how the chief technologist of the Federal Trade Commission figured out that her smartphone account has been hijacked by anyone.
An opposition activist and the director of Vision of Tomorrow Center in Moscow wrote a post on SMS logins following a wave of attacks attempting to take over Iranian Telegram accounts. There have been new confirmed cases of attacks in both Iran and Russia.
A fortnight ago, Chris Sims was seated at his home in Nottingham when his iPhone on the EE network unexpectedly started running. In 75 minutes, using his online banking software, the fraudsters who had stolen his phone had drained his £ 1,200 bank account and applied for a £ 8,000 loan under his name. Yet Sims is just the newest target of a UK-sweeping financial scam: sim-swap theft.
A managing director of a small internet service provider, has had his Nationwide current account emptied of £6,000 after fraudsters apparently took over his O2 mobile account, switched his number to a new Apple handset, and then used it to make a series of fraudulent purchases.
Guaranty Trust Bank Plc, Africa's largest financial company, has yet again demonstrated a firm contribution to the happiness of clients by reimbursing a consumer whose money was recently stolen by a fraudster.
A Bristol woman is warning smartphone users after thieves stole thousands from her online banking account. The whole experience has left her “paranoid and confused”.
Deborah Fraser, the GOSPEL artist, has been the newest target of mobile phone number theft. She leads another gospel sensation right behind her, Rebecca Malope, who also falls prey to this scheme that seems to be making the rounds at Celebville.
A cruel and evil hacker is going all out ot destroy the reputation of Rebecca Malope. The gospel queen's SIM card has been hacked after she did a SIM swap at Vodacom.
Emma Franks' mobile phone stopped working so she called her provider, Vodafone. She was told her sim card had been changed and service would resume within two hours. After three days, service resumed but then stopped again.
In a SIM-swap scam that robs consumers of hundreds of thousands of rands, a forensic investigator has accused an inside job at First National Bank (FNB) and MTN.
A survivor of a sim-swap fraud has disclosed how, via fund transfer, he almost lost P48,000. Ian Caballero talked in an interview with ABS-CBN News regarding the horrific nightmare he had to go through.
A Zululander has been persistently overlooked by his bank and cellular service provider in his attempt to find answers, having lost more than R100 000 in a SIM swap scam. The scam is the latest in technological theft, which happens when the SIM card of an individual is unlawfully switched by a fraudster, who then gets access to the bank data of the victim.
For computer fraud suspects, it's a double whammy. Prosecutors struggled to nab the key suspects. Secondly, the "defects" of the court framework have evidently postponed and delayed victims' justice. The case of Pune resident Sanjay Govind Dhande, who lost Rs 19 lakh to cyber fraudsters, is a case in point.
She had no idea what she was in for when a resident of Mtubatuba founded telephone banking on her First National Bank (FNB) account. Without her permission, a few days later, a whopping R21 000 was withdrawn from Miriam Janse van Vuuren's bank account.
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