First Hacker Convicted of ‘SIM Swapping’ Attack Gets 10 Years in Prison

A 20-year-old college student who stole cryptocurrency worth more than $5 million by hijacking victims’ phone numbers has pleaded guilty and accepted a sentence of 10 years in prison.

Ortiz was arrested last year on charges of siphoning millions of do… Continue reading First Hacker Convicted of ‘SIM Swapping’ Attack Gets 10 Years in Prison

Hacker Who Stole $5 Million By SIM Swapping Gets 10 Years in Prison

A 20-year-old college student who was accused of stealing more than $5 million in cryptocurrency in a slew of SIM hijacking attacks is the first person to be sentenced for the crime. Continue reading Hacker Who Stole $5 Million By SIM Swapping Gets 10 Years in Prison

SIM Swapping Victims Who Lost Millions Are Pressuring Telcos to Protect Their Customers

A small group of victims of SIM swapping hacks is trying to raise awareness, teach people about the scam, and put pressure on cell phone providers to step up their efforts against cybercriminals. Continue reading SIM Swapping Victims Who Lost Millions Are Pressuring Telcos to Protect Their Customers

Man arrested for stealing $1m from Silicon Valley Exec via SIM-swapping

By ghostadmin
A 21-year old Manhattan resident has been accused of SIM-swapping the mobile number of Robert Ross, a Silicon Valley executive, and managed to steal $1 million. The accused, Nicholas Truglia, not only targeted Ross’s phone number with SIM… Continue reading Man arrested for stealing $1m from Silicon Valley Exec via SIM-swapping

‘I Could Ruin Your Business Right Now’: Listen to a SIM-Jacking, Account-Stealing Ransom

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. Continue reading ‘I Could Ruin Your Business Right Now’: Listen to a SIM-Jacking, Account-Stealing Ransom

Hanging Up on Mobile in the Name of Security

An entrepreneur and virtual currency investor is suing AT&T for $224 million, claiming the wireless provider was negligent when it failed to prevent thieves from hijacking his mobile account and stealing millions of dollars in cryptocurrencies. Increasingly frequent, high-profile attacks like these are prompting some experts to say the surest way to safeguard one’s online accounts may be to disconnect them from the mobile providers entirely. Continue reading Hanging Up on Mobile in the Name of Security

Bitcoin Investor Sues AT&T After Losing $23 Million In SIM Swap Hack

An investor is asking AT&T to pay $220 million in damages in the first-ever lawsuit that attempts to hold carriers accountable for port out scams. Continue reading Bitcoin Investor Sues AT&T After Losing $23 Million In SIM Swap Hack

Reddit Should Tell Us More About How it Got Hacked

It really sounds like Reddit employees got SIM hijacked. If that’s the case, the company should be more transparent. Everyone gets hacked: It’s how you disclose it, and deal with it, that distinguishes you and makes a difference. Continue reading Reddit Should Tell Us More About How it Got Hacked