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Two Charged in SIM Swapping, Vishing Scams

Krebs on Security

Two young men from the eastern United States have been hit with identity theft and conspiracy charges for allegedly stealing bitcoin and social media accounts by tricking employees at wireless phone companies into giving away credentials needed to remotely access and modify customer account information. Prosecutors say Jordan K.

Scams 310
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5 Ways Your Cryptocurrency May be Hacked

Appknox

Along with wireless payments like Google or Apple pay (that still require assigning a banking account or card i.e. physical currency), the cryptocurrencies like Bitcoin are getting widely used. Now you can order food, services, and basically anything you need online, and pay for it without leaving home.

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How 1-Time Passcodes Became a Corporate Liability

Krebs on Security

A recent spate of SMS phishing attacks from one cybercriminal group has spawned a flurry of breach disclosures from affected companies, which are all struggling to combat the same lingering security threat: The ability of scammers to interact directly with employees through their mobile devices. 2, and Aug.

Mobile 300
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Kroll Employee SIM-Swapped for Crypto Investor Data

Krebs on Security

Security consulting giant Kroll disclosed today that a SIM-swapping attack against one of its employees led to the theft of user information for multiple cryptocurrency platforms that are relying on Kroll services in their ongoing bankruptcy proceedings. ” A phishing message targeting FTX users that went out en masse today.

Mobile 207
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NY Man Pleads Guilty in $20 Million SIM Swap Theft

Krebs on Security

A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Following the theft, Terpin filed a civil lawsuit against Truglia with the Los Angeles Superior court.

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The Life Cycle of a Breached Database

Krebs on Security

TARGETED PHISHING. But the more insidious threat with hacked databases comes not from password re-use but from targeted phishing activity in the early days of a breach, when relatively few ne’er-do-wells have got their hands on a hot new hacked database. The targeted phishing message that went out to classicfootballshirts.co.uk

Passwords 358
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Hanging Up on Mobile in the Name of Security

Krebs on Security

An entrepreneur and virtual currency investor is suing AT&T for $224 million, claiming the wireless provider was negligent when it failed to prevent thieves from hijacking his mobile account and stealing millions of dollars in cryptocurrencies. On June 11, 2017, Terpin’s phone went dead. A copy of his complaint is here (PDF).

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