The Last Watchdog

AUGUST 21, 2023

Phone number spoofing involves manipulating caller ID displays to mimic legitimate phone numbers, giving scammers a deceptive veil of authenticity. Related: The rise of ‘SMS toll fraud’ The Bank of America scam serves as a prime example of how criminals exploit this technique.

Scams 189

Scams Banking Accountability Authentication 189

Krebs on Security

DECEMBER 16, 2021

Unauthorized SIM swaps often are perpetrated by fraudsters who have already stolen or phished a target’s password, as many financial institutions and online services rely on text messages to send users a one-time code for multi-factor authentication. “He at the very least withdrew 100 bitcoin (worth $1.6

Cryptocurrency 363

Cryptocurrency Mobile Accountability Scams 363

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

Incorporate personal security best practices, such as two-factor authentication and encryption, in all your online interactions. Today, our mobile devices serve not just as communication tools but also as gatekeepers to our digital identities, especially with the rise of mobile-based multi-factor authentication (MFA).

Retail 83

Retail Cybersecurity Financial Services Mobile 83

Identity IQ

MAY 13, 2024

This can include information such as Social Security numbers, birth dates, credit card numbers, and bank account details. Stolen personal information can be used to impersonate individuals, opening the door to identity theft and fraud. Consider using a reputable password manager to securely store and manage your passwords.

Data breaches 52

Data breaches Risk Identity Theft Passwords 52

Troy Hunt

JANUARY 16, 2019

Automated tools exist to leverage these combo lists against all sorts of other online services including ones you shop at, socialise at and bank at. I did that many years ago now and wrote about how the only secure password is the one you can't remember. Also turn on 2-factor authentication wherever it's available.

Data breaches 280

Data breaches Passwords Password Management Accountability 280

Schneier on Security

JULY 20, 2020

Class breaks are endemic to computerized systems, and they're not something that we as users can defend against with better personal security. It didn't matter whether individual accounts had a complicated and hard-to-remember password, or two-factor authentication. The security regulations for banks are complex and detailed.

Hacking 269

Hacking Banking Accountability Government 269