T-Mobile’s latest data breach exposed users to SIM swapping attacks

T-Mobile is the only telecom giant to suffer at least three known data breaches in 2021. Another day, another data breach at T-Mobile – This time, the Bellevue, Washington-based telecom…

Final defendant in multimillion-dollar SIM hijacking scheme sentenced to prison

Written by AJ Vicens Nov 30, 2021 | CYBERSCOOP The sixth and final defendant in a gang accused of perpetrating a multimillion-dollar SIM hijacking case was sentenced to 10 months…

TIO wants telcos to have 24-hour fraud hotline

The Telecommunications Industry Ombudsman (TIO) has called for telcos to have a 24-hour hotline, or at a minimum extend current hotline hours, to allow consumers to report cases of fraud,…

Teen Accused of Stealing Bitcoin Worth $36.5M

Teen Accused of Stealing Bitcoin Worth $36.5M The largest theft of Bitcoin from a single individual was allegedly perpetrated by a Canadian teenager. An unnamed youth was arrested last week…

Threat from Organized Cybercrime Syndicates Is Rising

Europol reports that criminal groups are undermining the EU’s economy and its society, offering everything from murder-for-hire to kidnapping, torture and mutilation. From encrypting communications to fencing ill-gotten gains on…

Twitter hacker charged in sim swapping, cryptocurrency scheme

The 22-year-old British national Joseph James O’Connor, aka PlugwalkJoe, was one of the hackers behind 2020’s massive Twitter hack – PlugwalkJoe also stole Ethereum, Bitcoin, Bitcoin Cash, and Litecoin from victims…

Suspect in scheme to breach major Twitter accounts is now charged with hacking crypto executives

Written by AJ Vicens Nov 3, 2021 | CYBERSCOOP Federal prosecutors on Wednesday unsealed an indictment against a 22-year-old British man accused of stealing $784,000 in cryptocurrency from a Manhattan-based…

Password-Stealing Attacks Surge 45% in Six Months

Password-Stealing Attacks Surge 45% in Six Months Attacks using password-stealing malware have surged by 45% over the past six months, highlighting the continued need for additional log-in security measures, according…

MFA Glitch Leads to 6K+ Coinbase Customers Getting Robbed

Coinbase suspects phishing led to attackers getting personal details needed to access wallets but also blamed a flaw in its SMS-based 2FA. The accounts of at least 6,000 Coinbase customers…

Europol nabs 106 criminals involved in SIM swapping, money laundering

By Waqas Europol said that the suspects carried out a number of cybercrimes included phishing, SIM Swapping, and BEC (business email compromise.)  This is a post from HackRead.com Read the…