Collaborate Disseminate
By Waqas
The data breach targeted insurance giants Washington National Insurance Company and Bankers Life and Casualty Company.
This is a post from HackRead.com Read the original post: Data Breach Affects 66,000 in SIM-Swapping Attacks on US Insurance … Continue reading Data Breach Affects 66,000 in SIM-Swapping Attacks on US Insurance Giants
Three Americans were charged this week with stealing more than $400 million in a November 2022 SIM-swapping attack. The U.S. government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX, which had just filed for bankruptcy on that same day. Continue reading Arrests in $400M SIM-Swap Tied to Heist at FTX?
Daniel James Junk sentenced to six years in prison for stealing millions in cryptocurrency through SIM swapping.
The post Man Sentenced to Prison for Stealing Millions in Cryptocurrency via SIM Swapping appeared first on SecurityWeek.
Continue reading Man Sentenced to Prison for Stealing Millions in Cryptocurrency via SIM Swapping
On Jan. 9, 2024, U.S. authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. Sources close to the investigation tell KrebsOnSecurity the accused was a key member of a criminal hacking group blamed for a string of cyber intrusions at major U.S. technology companies during the summer of 2022. Continue reading Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider
A California man who lost $100,000 in a 2021 SIM-swapping attack is suing the unknown holder of a cryptocurrency wallet that harbors his stolen funds. The case is thought to be the first in which a federal court has recognized… Read More » Continue reading Here’s Some Bitcoin: Oh, and You’ve Been Served!
By Waqas
In addition to his prison sentence, Amir Hossein Golshan, the culprit, has been ordered to pay $1,218,526 in restitution to his victims.
This is a post from HackRead.com Read the original post: US Man Jailed 8 Years for SIM Swapping and Apple … Continue reading US Man Jailed 8 Years for SIM Swapping and Apple Support Impersonation
Under the new rules, wireless carriers are required to notify customers of any SIM transfer requests, a measure designed to thwart fraudulent attempts by cybercriminals.
The post FCC Tightens Telco Rules to Combat SIM-Swapping appeared first on Securi… Continue reading FCC Tightens Telco Rules to Combat SIM-Swapping
A 20-year-old Floridian was sentenced to prison for his role in a hacking scheme that led to the theft of $1 million in cryptocurrency.
The post Florida SIM Swapper Sentenced to Prison for Cryptocurrency Theft appeared first on SecurityWeek.
Continue reading Florida SIM Swapper Sentenced to Prison for Cryptocurrency Theft
By Habiba Rashid
Cryptocurrency firms, including FTX, BlockFi, and Genesis, have contacted victims of data breaches caused by a sim-swapping attack…
This is a post from HackRead.com Read the original post: Kroll SIM-Swapping Attack Causes Data Br… Continue reading Kroll SIM-Swapping Attack Causes Data Breach at 3 Top Crypto Firms
Security consulting giant Kroll disclosed today that a SIM-swapping attack against one of its employees led to the theft of user information for multiple cryptocurrency platforms that are relying on Kroll services in their ongoing bankruptcy proceedings. And there are indications that fraudsters may already be exploiting the stolen data in phishing attacks.
Cryptocurrency lender BlockFi and the now-collapsed crypto trading platform FTX each disclosed data breaches this week thanks to a recent SIM-swapping attack targeting an employee of Kroll — the company handling both firms’ bankruptcy restructuring. Continue reading Kroll Employee SIM-Swapped for Crypto Investor Data