Federal prosecutors have charged multiple groups of defendants across the country for using SIM swaps to seize victims’ phone ...
SIM-swapping attacks targeting executives are on the rise. In 2023, the FBI investigated 1,075 SIM-swapping attacks, which resulted in nearly $50 million in losses. SIM swapping has become so ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. A man in Florida lost more than $700,000 after being targeted by a SIM ...
The F.B.I. has issued a warning about the growing number of “SIM swap” scams that essentially steal someone’s cellphone number to hack their personal data. A “SIM swap” scam occurs when a criminal ...
The latest figures from the UK's National Fraud Database show a tenfold rise in SIM swap fraud cases over the past year. Criminals are hijacking mobile numbers to intercept two-factor authentication ...
The Justice Department recently, quietly unsealed an indictment that some mainstream and crypto media platforms quickly picked up and reported as charges that “solved” the mystery of a $400 million ...
US officials charged a man with compromising the official Twitter/X account of the Securities and Exchange Commission for purposes of posting false information that caused the price of bitcoin to ...
T-Mobile was ordered to pay $33 million in damages after losing an arbitration case tied to a major security failure. The case involved a SIM swap attack that allowed hackers to steal $38 million in ...
A type of identity theft whereby the crook has already stolen a user's login data to a financial account but needs to verify actually logging in via the code commonly texted to a phone number. See two ...
A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Nicholas ...