BlockFi hacked following SIM swap attack, but says no funds lost

For just under 90 minutes last Thursday, hackers were able to compromise the systems of cryptocurrency lending platform BlockFi, and gain unauthorised access to users’ names, email addresses, dates of birth, address and activity history.
Read mor… Continue reading BlockFi hacked following SIM swap attack, but says no funds lost

Europol busts up two SIM-swapping hacking rings

What a nightmare: your phone goes dead, and you can’t log into your bank account because it’s controlled by a hacker who’s draining you dry. Continue reading Europol busts up two SIM-swapping hacking rings

Teenager charged over $50 million SIM-swap cryptocurrency theft

Samy Bensaci, an 18-year-old living in Montreal, Canada, has been charged in connection with the theft of over $50 million worth of cryptocurrency in a SIM-swapping scam.
Find out what a SIM swap scam is, and read more in my article on the Hot for Secu… Continue reading Teenager charged over $50 million SIM-swap cryptocurrency theft

Teenager charged over $50 million SIM-swap cryptocurrency theft

Samy Bensaci, an 18-year-old living in Montreal, Canada, has been charged in connection with the theft of over $50 million worth of cryptocurrency in a SIM-swapping scam. A SIM swap attack (also sometimes called a Port Out scam) is one where fraudsters… Continue reading Teenager charged over $50 million SIM-swap cryptocurrency theft

Google will now accept your iPhone as an authentication key

Google has updated its Smart Lock to let iOS users security-dongle-ize their iPhones. Continue reading Google will now accept your iPhone as an authentication key

SIM Swap Attacks are making SMS Two-Factor Authentication Obsolete

On August 30, Twitter CEO Jack Dorsey became the most notable victim of one of the fastest-growing cyber threats: SIM Swapping. SIM Swap Attacks are increasing because they only require social engineering and access to a SIM card, which makes it a… Continue reading SIM Swap Attacks are making SMS Two-Factor Authentication Obsolete

Food writer Jack Monroe loses at least £5,000 in SIM-swap fraud

Her accounts were drained in spite of using 2FA, showing that SIM swaps can still circumvent what’s a good security tool. Continue reading Food writer Jack Monroe loses at least £5,000 in SIM-swap fraud