Australia Considers New Rules to Prevent SIM Swaps
The Australian Communications and Media Authority (ACMA) wants telcos to use multi-factor authentication for all ‘high risk’ customer interactions.
Police Take Down the ‘Favorite’ VPN of Criminals
Safe-Inet advertised its ‘bulletproof’ virtual private network services on black hat forums.
Account Takeover Specialists SpyCloud Close $30mn Investment Round
SpyCloud identifies vulnerable online accounts by checking them against their library of compromised credentials.
UK Mobile Network Introduces African-Style SIM Swap Control
EE’s platform allows other businesses to check if a customer’s SIM has been replaced, or whether their calls are being diverted.
Safaricom API Warns Banks about SIM Swaps
Banks and other businesses can safeguard against account takeover fraud by checking if a customer’s SIM has recently been replaced.
Thefts Force Suspension of Jap Mobile Payment Service on Third Day after Launch
Criminals took control of 900 accounts for a new payments app from the Japanese operators of 7-Eleven convenience stores.
Victim Describes $100k SIM Port Attack
Sean Coonce explained how his cryptocurrency account was emptied after his mobile phone account was taken over.
SMS Used to Hijack UK Celebrity Twitter Accounts
Some questioned the ethics and legality of the stunt, but it does raise the question of why Twitter still allows users to manage their accounts via SMS.
BBC Flip Flops on SIM Swaps (and Other Frauds)
A fraudster steals from a victim’s bank account after hijacking the victim’s phone line. Which business is most responsible for the victim’s loss? The BBC cannot make up its mind.
The Vulnerability of Voicemail
Security engineer Martin Vigo has shown how quick and easy it is to hack anybody’s voicemail. That access can then be used to take control of WhatsApp, PayPal and more.