A SIM swap attack is a fraud where scammers hijack your phone number by deceiving mobile carriers. Using your number, you may reset your passwords and receive two-factor authentication (2FA) codes.

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 ...

Experts have raised the alarm about SIM swapping fraud after the number of recorded scams surged tenfold in a year. There was a 1,055 per cent increase in unauthorised phone SIM swaps in the UK in ...

SIM swap fraud, often called SIM hijacking, is a form of account takeover where criminals gain access to a victim's phone number. This allows them to assume control over the victim's mobile identity, ...

As SIM swap attacks are often seen as non-demanding regarding technical skills, users must be diligent with their identity security. Despite the rise of cybersecurity infrastructure, online identity ...

Scams and cyberattacks have gotten a lot more sophisticated over the years. This is why many online services are relying on security measures like two-factor authentication (2FA) as a way to protect ...

Just after the stock market closed on January 9, the U.S. Securities and Exchange Commission posted on X (née Twitter) that it had approved exchange-traded funds, or ETFs, that included the ...

Some Friend.Tech users reported that they were the victim of SIM swap attacks over the weekend with the attackers successfully draining thousands of dollars worth of tokens. The Friend.Tech code ...

Rules require more secure customer authentication and notice for SIM changes and port-out requests On November 16, 2023, the Federal Communications Commission ("FCC" or "Commission") released a Report ...

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 ...

David Nield is a technology journalist from Manchester in the U.K. who has been writing about gadgets and apps for more than 20 years. He has a bachelor's degree in English Literature from Durham ...

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 ...