Remove Accountability Remove Identity Theft Remove Mobile Remove Social Engineering
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Solving Identity Theft Problems: 5 Actionable Tips

CyberSecurity Insiders

Identity theft (or ID theft) is not a new problem, but in today’s well-connected society it is a problem that grows at an incredible rate. . Put in a few words, ID theft is when someone pretends to be someone else, using their credentials and taking various actions in their name. 3: Two-Factor Authentication (2FA).

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Store manager admits SIM swapping his customers

Malwarebytes

Once an attacker has successfully hijacked their victim’s mobile number, they can use it to send and receive calls and messages (and the victim can’t). Armed with an email and password—which are easily bought online— and the 2FA code, an attacker could take over the victim’s online accounts. Katz pleaded guilty before Chief U.S.

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Feds Break Up Major SIM-Hijacking Ring

Adam Levin

million worth of wire fraud and identity theft. The hacking group, called “The Community” primarily used social engineering (trickery) and SIM card hijacking to steal funds and cryptocurrency from their victims. Once authenticated, the mobile phone number of the target victim is moved to the criminal’s phone.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. 12 blog post , the attackers used their access to Mailchimp employee accounts to steal data from 214 customers involved in cryptocurrency and finance.

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How to Detect and Respond to Account Misuse

Identity IQ

How to Detect and Respond to Account Misuse IdentityIQ As digital connectivity continues to grow, safeguarding your online accounts from misuse is becoming increasingly crucial. Account misuse can result in alarming repercussions, including privacy breaches, financial losses, and identity theft.

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T-Mobile customers were hit with SIM swapping attacks

Security Affairs

The telecommunications giant T-Mobile disclosed a data breach after some of its customers were apparently affected by SIM swap attacks. The telecommunications provider T-Mobile has disclosed a data breach after it became aware that some of its customers were allegedly victims of SIM swap attacks.

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ROUNDTABLE: Why T-Mobile’s latest huge data breach could fuel attacks directed at mobile devices

The Last Watchdog

TMobile has now issued a formal apology and offered free identity theft recovery services to nearly 48 million customers for whom the telecom giant failed to protect their sensitive personal information. According to the attackers, this was a configuration issue on an access point T-Mobile used for testing. Could be a bad actor.

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