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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. 4: Educate Yourself.

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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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T-Mobile Store Owner Made $25M Illegally Unlocking Cellphones

SecureWorld News

Most recently, a former T-Mobile retail store owner was convicted for stealing employee credentials to illegally access internal computer systems and unlock and unblock cellphones. which was a T-Mobile store, in Los Angeles in January 2017. The former store owner used various phishing techniques to steal T-Mobile employee credentials.

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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). SIM swapping can be done in a number of ways, but perhaps the most common involves a social engineering attack on the victim’s carrier.

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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. 9, 2024, U.S. technology companies during the summer of 2022. Prosecutors say Noah Michael Urban of Palm Coast, Fla., Twilio disclosed in Aug.

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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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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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