Security News
Criminals are now texting T-Mobile and Verizon employees on their personal and work phones, trying to tempt them with cash to perform SIM swaps. The targeted employees have shared screenshots of messages offering $300 to those willing to aid the senders in their criminal endeavors.
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A former manager at a telecommunications company in New Jersey pleaded guilty to conspiracy charges for accepting money to perform unauthorized SIM swaps that enabled an accomplice to hack customer accounts. SIM swapping is an unauthorized porting of a targeted person's phone number to another physical SIM card or eSIM chip controlled by the attacker.
The trio's biggest haul was the theft of more than $400 million in cryptocurrency from an unnamed "Victim Company-1" on November 11, 2022 - the same day that FTX declared bankruptcy and an unknown attacker stole roughly $415m in crypto from the firm. While SBF might be off the hook for this element of his mismanagement of FTX, that won't help him to walk free as was convicted on seven charges in October 2023 and faces up to 110 years in prison when sentenced next month.
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".
A 23-year-old British citizen has confessed to "Multiple schemes" involving computer crimes, including playing a part in the July 2020 Twitter attack that saw the accounts of Amazon CEO Jeff Bezos, Kanye West, and former President Barack Obama hijacked by an unidentified crew. The 2020 Twitter attack happened when blue ticks still meant "Verified account" and was accomplished using social engineering just as the COVID-19 pandemic was starting to gain traction.
Google Fi, Google's U.S.-only telecommunications and mobile internet service, has informed customers that personal data was exposed by a data breach at one of its primary network providers, with some customers warned that it allowed SIM swapping attacks. Google sent notices of a data breach to Google Fi customers this week, informing them that the incident exposed their phone numbers, SIM card serial numbers, account status, account activation date, and mobile service plan details.