Biggest Single Crypto Theft: Teen Charged with $36M SIM-Swap Heist

Biggest Single Crypto Theft: Teen Charged with $36M SIM-Swap Heist

A Canadian has been charged with stealing C$46 million of imaginary money, via SIM swapping ...
Security Boulevard

“PlugWalkJoe” indicted for $784K SIM swap cryptocurrency theft

The U.S. Department of Justice charged a British man for his alleged role in stealing $784,000 worth of cryptocurrency using SIM swap attacks. According to the unsealed indictment, Joseph James O’Connor – ...

Eight men arrested following celebrity SIM-swapping attacks

British police have arrested eight men in connection with a series of SIM-swapping attacks which saw criminals hijack the social media accounts of well-known figures and their families. The UK’s National Crime ...

BlockFi Hacked Following SIM Swap Attack, But Says No Funds Lost

For just under 90 minutes last Thursday, hackers were able to compromise the systems of cryptocurrency lending platform BlockFi, and gain unauthorised access to users’ names, email addresses, dates of birth, address ...
Teenager charged over $50 million SIM-swap cryptocurrency theft

Teenager charged over $50 million SIM-swap cryptocurrency theft

Samy Bensaci, an 18-year-old living in Montreal, Canada, has been charged in connection with the theft of over $50 million worth of cryptocurrency in a SIM-swapping scam. A SIM swap attack (also ...
SIM Swap Attacks are making SMS Two-Factor Authentication Obsolete

SIM Swap Attacks are making SMS Two-Factor Authentication Obsolete

| | 2 factor, SIM swap
On August 30, Twitter CEO Jack Dorsey became the most notable victim of one of the fastest-growing cyber threats: SIM Swapping. SIM Swap Attacks are increasing because they only require social engineering ...
How I Could Have Hacked Any Instagram Account |  Proof of Concept

How any Instagram account could be hacked in less than 10 minutes

A security researcher has been awarded $30,000 after discovering a serious vulnerability that could potentially have put any Instagram account at risk of being hacked. Following a recent increase in rewards offered ...
Why Phone Numbers Stink As Identity Proof

Why Phone Numbers Stink As Identity Proof

Phone numbers stink for security and authentication. They stink because most of us have so much invested in these digits that they've become de facto identities. At the same time, when you ...
“Stole $24 Million But Still Can’t Keep a Friend”

“Stole $24 Million But Still Can’t Keep a Friend”

Unsettling new claims have emerged about Nicholas Truglia, a 21-year-old Manhattan resident accused of hijacking cell phone accounts to steal tens of millions of dollars in cryptocurrencies from victims. The lurid details, ...