Remove Internet Remove Mobile Remove Social Engineering Remove Web Fraud
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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

In each attack, the victims saw their email and financial accounts compromised after suffering an unauthorized SIM-swap, wherein attackers transferred each victim’s mobile phone number to a new device that they controlled. Prosecutors say Noah Michael Urban of Palm Coast, Fla., Twilio disclosed in Aug.

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When Low-Tech Hacks Cause High-Impact Breaches

Krebs on Security

GoDaddy described the incident at the time in general terms as a social engineering attack, but one of its customers affected by that March 2020 breach actually spoke to one of the hackers involved. Thus, the second factor cannot be phished, either over the phone or Internet.

Hacking 271
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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. In an Aug.

Mobile 294
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Hackers Claim They Breached T-Mobile More Than 100 Times in 2022

Krebs on Security

Image: Shutterstock.com Three different cybercriminal groups claimed access to internal networks at communications giant T-Mobile in more than 100 separate incidents throughout 2022, new data suggests. Each advertises their claimed access to T-Mobile systems in a similar way. ” or “ Tmo up!

Mobile 313
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Busting SIM Swappers and SIM Swap Myths

Krebs on Security

that has been tracking down individuals engaged in unauthorized “SIM swaps” — a complex form of mobile phone fraud that is often used to steal large amounts of cryptocurrencies and other items of value from victims. That’s just too risky for the attackers, he said.

Mobile 238
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How Do You Fight a $12B Fraud Problem? One Scammer at a Time

Krebs on Security

According to the most recent statistics from the FBI ‘s Internet Crime Complaint Center , the most costly form of cybercrime stems from a complex type of fraud known as the “ B usiness E mail C ompromise” or BEC scam. This post examines the work of a large, private group of volunteers dedicated to doing just that.

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