Categories: News Tags: SIM swapping Tags: cryptocurrency heist Tags: Bitcoin Tags: TRIG Tags: Ellis Pinsky Tags: Damian Williams Tags: Nicholas Truglia Nicholas Truglia from Florida has been sentenced to 18 months for aiding threat actors in a crypto heist against a popular cryptocurrency personality. |
The post SIM swapper jailed for 18 months over crypto heist appeared first on Malwarebytes Labs.
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Credit to Author: BrianKrebs| Date: Thu, 09 Jan 2020 19:44:55 +0000
Crooks have stolen tens of millions of dollars and other valuable commodities from thousands of consumers via “SIM swapping,” a particularly invasive form of fraud that involves tricking a target’s mobile carrier into transferring someone’s wireless service to a device they control. But the U.S. Federal Communications Commission (FCC), the entity responsible for overseeing wireless industry practices, has so far remained largely silent on the matter. Now, a cadre of Senate lawmakers is demanding to know what, if anything, the agency might be doing to track and combat SIM swapping.
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Credit to Author: BrianKrebs| Date: Wed, 07 Aug 2019 22:43:58 +0000
Incessantly annoying and fraudulent robocalls. 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. A noticeable uptick in SIM-swapping attacks that lead to multi-million dollar cyberheists. If you are somehow under the impression that you — the customer — are in control over the security, privacy and integrity of your mobile phone service, think again. And you’d be forgiven if you assumed the major wireless carriers or federal regulators had their hands firmly on the wheel.
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