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Who Owns Your Wireless Service? Crooks Do.

Krebs on Security

Corrupt wireless company employees taking hundreds of thousands of dollars in bribes to unlock and hijack mobile phone service. Wireless providers selling real-time customer location data, despite repeated promises to the contrary. Incessantly annoying and fraudulent robocalls. AT&T in particular has had a rough month.

Wireless 260
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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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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 302
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Convicted SIM Swapper Gets 3 Years in Jail

Krebs on Security

A 21-year-old Irishman who pleaded guilty to charges of helping to steal millions of dollars in cryptocurrencies from victims has been sentenced to just under three years in prison. Conor Freeman of Dublin took part in the theft of more than two million dollars worth of cryptocurrency from different victims throughout 2018.

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U.K. Cyber Thug “PlugwalkJoe” Gets 5 Years in Prison

Krebs on Security

But O’Connor also pleaded guilty in a separate investigation involving a years-long spree of cyberstalking and cryptocurrency theft enabled by “ SIM swapping ,” a crime wherein fraudsters trick a mobile provider into diverting a customer’s phone calls and text messages to a device they control.

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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.

Mobile 198
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How 1-Time Passcodes Became a Corporate Liability

Krebs on Security

This phishing gang apparently had great success targeting employees of all the major mobile wireless providers, but most especially T-Mobile. 12 blog post , the attackers used their access to Mailchimp employee accounts to steal data from 214 customers involved in cryptocurrency and finance. ” On July 28 and again on Aug.

Mobile 291