Four people lost almost £200,000 in crypto after their BT numbers were hijacked. Ajay Shinjin, 25, who kept over £44,000, was ...
A U.K. resident has been sentenced to two and a half years in prison for helping steal nearly £200,000 ($264,896) in ...
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 ...
As SIM swap attacks are often seen as non-demanding regarding technical skills, users must be diligent with their identity security. Despite the rise of cybersecurity infrastructure, online identity ...
Ajay Shinjin helped steal nearly $265,000 in crypto after criminals hijacked BT customers' phone numbers in November 2021.
In recent times, the convenience of mobile banking and two-factor authentication has made managing finances easier for many. However, a recent incident in Maryland highlights the growing threat of SIM ...
Forbright Bank reports that SIM swap scams, where criminals hijack phone numbers to access accounts, are rising.
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 ...
The Central government has taken a significant step in the fight against cybercrime by introducing new regulations to prevent fraudulent SIM swaps. These regulations, set to be enforced starting next ...