Security News
The U.S. Securities and Exchange Commission confirmed today that its X account was hacked through a SIM-swapping attack on the cell phone number associated with the account. Today, the SEC has confirmed that a cell phone account associated with the X account suffered a SIM-swapping attack.
Amir Hossein Golshan, 25, was sentenced to eight years in prison by a Los Angeles District Court and ordered to pay $1.2 million in restitution for crimes involving SIM swapping, merchant fraud, support fraud, account hacking, and cryptocurrency theft. Golshan pleaded guilty on July 19, 2023, for hijacking the Instagram account of a prominent social media influencer.
The UK government plans to introduce new legislation to ban SIM farms, which it views as a widely abused means for carrying out cyber fraud. SIM farms are defined as devices that can hold four or more SIM cards while having the ability to make phone calls and send texts.
The Federal Communications Commission has revealed new rules to shield consumers from criminals who hijack their phone numbers in SIM swapping attacks and port-out fraud. In SIM swapping attacks, criminals trick a victim's wireless carrier into redirecting their service to a device controlled by the fraudster.
The U.S. Federal Communications Commission (FCC) is adopting new rules that aim to protect consumers from cell phone account scams that make it possible for malicious actors to orchestrate...
Ransomware crooks claim they've stolen data from a firm that helps other organizations run medical trials after one of its executives had their cellphone number and accounts hijacked. The Register understands one or more people close to or affiliated with the notorious Alphv, aka BlackCat, extortion gang managed to get into a work account of an exec at Advarra and may have copied out at least some information from the business.
Jordan Persad, of Orlando, was also ordered to pay $945,833 in restitution. According to a plea agreement reached with US prosecutors [PDF], between at least March 2021 and September 2022, Persad and his co-conspirators, some he only knew by their online handles, used SIM swapping to siphon funds from their marks.
The prolific threat actor known as Scattered Spider has been observed impersonating newly hired employees in targeted firms as a ploy to blend into normal on-hire processes and takeover accounts...
Financial and risk advisory firm Kroll has suffered a SIM-swapping attack that allowed a threat actor to access files containing personal information of clients of bankrupt cryptocurrency platforms FTX, BlockFi and Genesis. On Saturday, August 19, 2023, an attacker targeted a Kroll employee's T-Mobile US account "In a highly sophisticated SIM swapping attack".
Risk and financial advisory solutions provider Kroll on Friday disclosed that one of its employees fell victim to a "Highly sophisticated" SIM swapping attack."Specifically, T-Mobile, without any authority from or contact with Kroll or its employee, transferred that employee's phone number to the threat actor's phone at their request," it said in an advisory.