Showing only posts tagged SIM Swapping. Show all posts.

Arrests in $400M SIM-Swap Tied to Heist at FTX?

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Three Americans were charged this week with stealing more than $400 million in a November 2022 SIM-swapping attack. The U.S. government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX, which had just filed for …

Arrests in $400M SIM-Swap Tied to Heist at FTX?

Source

Three Americans were charged this week with stealing more than $400 million in a November 2022 SIM-swapping attack. The U.S. government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX, which had just filed for …

Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

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On Jan. 9, 2024, U.S. authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. Sources close to the investigation tell KrebsOnSecurity the accused was a key member of a criminal hacking group blamed for …

Here’s Some Bitcoin: Oh, and You’ve Been Served!

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A California man who lost $100,000 in a 2021 SIM-swapping attack is suing the unknown holder of a cryptocurrency wallet that harbors his stolen funds. The case is thought to be the first in which a federal court has recognized the use of information included in a bitcoin …

The FCC says new rules will curb SIM swapping. I’m pessimistic

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Enlarge (credit: Getty Images | Panuwat Sikham ) After years of inaction, the FCC this week said that it's finally going to protect consumers against a scam that takes control of their cell phone numbers by deceiving employees who work for mobile carriers. While commissioners congratulated themselves for the move, there …

Kroll Employee SIM-Swapped for Crypto Investor Data

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Security consulting giant Kroll disclosed today that a SIM-swapping attack against one of its employees led to the theft of user information for multiple cryptocurrency platforms that are relying on Kroll services in their ongoing bankruptcy proceedings. And there are indications that fraudsters may already be exploiting the stolen …

U.K. Cyber Thug “PlugwalkJoe” Gets 5 Years in Prison

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Joseph James “PlugwalkJoe” O’Connor, a 24-year-old from the United Kingdom who earned his 15 minutes of fame by participating in the July 2020 hack of Twitter, has been sentenced to five years in a U.S. prison. That may seem like harsh punishment for a brief and very …

U.K. Cyber Thug “PlugwalkJoe” Gets 5 Years in Prison

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Joseph James “PlugwalkJoe” O’Connor, a 24-year-old from the United Kingdom who earned his 15 minutes of fame by participating in the July 2020 hack of Twitter, has been sentenced to five years in a U.S. prison. That may seem like harsh punishment for a brief and very …

Hackers Claim They Breached T-Mobile More Than 100 Times in 2022

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Image: Shutterstock.com Three different cybercriminal groups claimed access to internal networks at communications giant T-Mobile in more than 100 separate incidents throughout 2022, new data suggests. In each case, the goal of the attackers was the same: Phish T-Mobile employees for access to internal company tools, and then …

Hackers Claim They Breached T-Mobile More Than 100 Times in 2022

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Image: Shutterstock.com Three different cybercriminal groups claimed access to internal networks at communications giant T-Mobile in more than 100 separate incidents throughout 2022, new data suggests. In each case, the goal of the attackers was the same: Phish T-Mobile employees for access to internal company tools, and then …

Hacked Ring Cams Used to Record Swatting Victims

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Photo: BrandonKleinPhoto / Shutterstock.com Two U.S. men have been charged with hacking into the Ring home security cameras of a dozen random people and then “swatting” them — falsely reporting a violent incident at the target’s address to trick local police into responding with force. Prosecutors say the …

Hacked Ring Cams Used to Record Swatting Victims

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Photo: BrandonKleinPhoto / Shutterstock.com Two U.S. men have been charged with hacking into the Ring home security cameras of a dozen random people and then “swatting” them — falsely reporting a violent incident at the target’s address to trick local police into responding with force. Prosecutors say the …

SIM Swapper Abducted, Beaten, Held for $200k Ransom

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A Florida teenager who served as a lackey for a cybercriminal group that specializes in cryptocurrency thefts was beaten and kidnapped last week by a rival cybercrime gang. The teen’s captives held guns to his head while forcing him to record a video message pleading with his crew …

SIM Swapper Abducted, Beaten, Held for $200k Ransom

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A Florida teenager who served as a lackey for a cybercriminal group that specializes in cryptocurrency thefts was beaten and kidnapped last week by a rival cybercrime gang. The teen’s captives held guns to his head while forcing him to record a video message pleading with his crew …

Botched Crypto Mugging Lands Three U.K. Men in Jail

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Three men in the United Kingdom were arrested this month for attempting to assault a local man and steal his virtual currencies. The incident is the latest example of how certain cybercriminal communities are increasingly turning to physical violence to settle scores and disputes. Shortly after 11 p.m …

Botched Crypto Mugging Lands Three U.K. Men in Jail

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Three men in the United Kingdom were arrested this month for attempting to assault a local man and steal his virtual currencies. The incident is the latest example of how certain cybercriminal communities are increasingly turning to physical violence to settle scores and disputes. Shortly after 11 p.m …

Violence-as-a-Service: Brickings, Firebombings & Shootings for Hire

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A 21-year-old New Jersey man has been arrested and charged with stalking in connection with a federal investigation into groups of cybercriminals who are settling scores by hiring people to carry out physical attacks on their rivals. Prosecutors say the defendant recently participated in several of these schemes — including …

Violence-as-a-Service: Brickings, Firebombings & Shootings for Hire

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A 21-year-old New Jersey man has been arrested and charged with stalking in connection with a federal investigation into groups of cybercriminals who are settling scores by hiring people to carry out physical attacks on their rivals. Prosecutors say the defendant recently participated in several of these schemes — including …

Leaked Chats Show LAPSUS$ Stole T-Mobile Source Code

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KrebsOnSecurity recently reviewed a copy of the private chat messages between members of the LAPSUS$ cybercrime group in the week leading up to the arrest of its most active members last month. The logs show LAPSUS$ breached T-Mobile multiple times in March, stealing source code for a range of …

Leaked Chats Show LAPSUS$ Stole T-Mobile Source Code

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KrebsOnSecurity recently reviewed a copy of the private chat messages between members of the LAPSUS$ cybercrime group in the week leading up to the arrest of its most active members last month. The logs show LAPSUS$ breached T-Mobile multiple times in March, stealing source code for a range of …

A Closer Look at the LAPSUS$ Data Extortion Group

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Microsoft and identity management platform Okta both this week disclosed breaches involving LAPSUS$, a relatively new cybercrime group that specializes in stealing data from big companies and threatening to publish it unless a ransom demand is paid. Here’s a closer look at LAPSUS$, and some of the low-tech …

NY Man Pleads Guilty in $20 Million SIM Swap Theft

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A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Nicholas Truglia was part of a group alleged to have stolen more than $100 million from cryptocurrency investors …

NY Man Pleads Guilty in $20 Million SIM Swap Theft

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A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Nicholas Truglia was part of a group alleged to have stolen more than $100 million from cryptocurrency investors …

FCC Proposal Targets SIM Swapping, Port-Out Fraud

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The U.S. Federal Communications Commission (FCC) is asking for feedback on new proposed rules to crack down on SIM swapping and number port-out fraud, increasingly prevalent scams in which identity thieves hijack a target’s mobile phone number and use that to wrest control over the victim’s …

FCC Proposal Targets SIM Swapping, Port-Out Fraud

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The U.S. Federal Communications Commission (FCC) is asking for feedback on new proposed rules to crack down on SIM swapping and number port-out fraud, increasingly prevalent scams in which identity thieves hijack a target’s mobile phone number and use that to wrest control over the victim’s …

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