SIM-swapping attacks targeting executives are on the rise. In 2023, the FBI investigated 1,075 SIM-swapping attacks, which resulted in nearly $50 million in losses. SIM swapping has become so ...
The Justice Department recently, quietly unsealed an indictment that some mainstream and crypto media platforms quickly picked up and reported as charges that “solved” the mystery of a $400 million ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. A man in Florida lost more than $700,000 after being targeted by a SIM ...
The latest figures from the UK's National Fraud Database show a tenfold rise in SIM swap fraud cases over the past year. Criminals are hijacking mobile numbers to intercept two-factor authentication ...
US officials charged a man with compromising the official Twitter/X account of the Securities and Exchange Commission for purposes of posting false information that caused the price of bitcoin to ...
The F.B.I. has issued a warning about the growing number of “SIM swap” scams that essentially steal someone’s cellphone number to hack their personal data. A “SIM swap” scam occurs when a criminal ...
Since the cryptocurrency exchange FTX collapsed in November 2022, a lingering question had been what happened to approximately $400 million in cryptocurrency that disappeared as Sam Bankman-Fried’s ...
A type of identity theft whereby the crook has already stolen a user's login data to a financial account but needs to verify actually logging in via the code commonly texted to a phone number. See two ...