Learn from the Lawyers Who Chase SIM Swap Clients
If lawyers specialize in lawsuits for a certain kind of wealthy client then you should implement controls that specifically mitigate the risks surrounding those clients.
SIM Swap Social Engineering of T-Mobile Staff Blamed for $691,000 NFT Heist
Ethereum co-founder Vitalik Buterin blamed the US mobile operator for enabling a scam that targeted his social media followers.
3-Year Prison Sentence for SIM Swapper Who Stole Cryptocurrency Worth $20mn
Anthony Faulk also forfeited a million-dollar home, JP Morgan accounts holding millions, luxury cars and fancy jewelry.
5 Takeaways from the Verizon Data Breach Investigations Report 2023
It is no surprise that crime motivates most breaches but not all the findings are consistent with the attacks described by telcos.
Notorious Brit SIM Swapper Gets 5 Years in US Prison
The sentence may appear severe until you appreciate the variety of crimes committed during a spree that lasted less than 18 months.
Mobile Games Used to Steal Cryptocurrency
Victims are enticed by rewards that increase as they add more funds to their cryptocurrency wallet. But when they stop playing, both the rewards and the cryptocurrency disappears.
Euro Police Shut Down Four Call Centers Selling Cryptocurrency Investment Scam
German victims were lured into paying EUR2mn for bogus investments advertised on social media and the web.
Will Blockchain Turn Mobile Money into a Pan-African Payment System?
An African mobile money interoperability firm will partner with providers of cryptocurrency tech for low-cost international transfers.
How Telcos Could Lose Billions from Ultrafast Transactions
James Zhong stole USD3.3bn in cryptocurrency by executing many rapid withdrawals from online accounts.
Nigeria Is Latest Country to Make Revenue Assurance the Prelude to Taxes on Phone Users
The Nigerian government says a 5 percent tax will be imposed on all calls, SMS messages and data usage.