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Who Owns Your Wireless Service? Crooks Do.

Krebs on Security

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. Incessantly annoying and fraudulent robocalls. AT&T in particular has had a rough month.

Wireless 278
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New SteelFox Trojan mimics software activators, stealing sensitive data and mining cryptocurrency

SecureList

Type of data Details Browser data Cookies, credit cards, location, search history Software Installed software, antivirus solutions, running services, installed addons System info Build date (if possible), version, revision, installation date Network info Wireless interfaces, networks and passwords (extracted as plaintext) SIM SIM-card data (if applicable) (..)

Software 122
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Two Charged in SIM Swapping, Vishing Scams

Krebs on Security

Two young men from the eastern United States have been hit with identity theft and conspiracy charges for allegedly stealing bitcoin and social media accounts by tricking employees at wireless phone companies into giving away credentials needed to remotely access and modify customer account information. Prosecutors say Jordan K.

Scams 345
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NY Man Pleads Guilty in $20 Million SIM Swap Theft

Krebs on Security

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. Following the theft, Terpin filed a civil lawsuit against Truglia with the Los Angeles Superior court.

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Convicted SIM Swapper Gets 3 Years in Jail

Krebs on Security

A 21-year-old Irishman who pleaded guilty to charges of helping to steal millions of dollars in cryptocurrencies from victims has been sentenced to just under three years in prison. Conor Freeman of Dublin took part in the theft of more than two million dollars worth of cryptocurrency from different victims throughout 2018.

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5 Ways Your Cryptocurrency May be Hacked

Appknox

Along with wireless payments like Google or Apple pay (that still require assigning a banking account or card i.e. physical currency), the cryptocurrencies like Bitcoin are getting widely used. Now you can order food, services, and basically anything you need online, and pay for it without leaving home.

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Senators Prod FCC to Act on SIM Swapping

Krebs on Security

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.

Wireless 233