SEC Says SIM Swap to Blame for Breached X Account

January 23, 2024 at 02:59PM The SEC’s X account was compromised in a SIM-swapping attack, leading to a Bitcoin ETF message and federal inquiries. The SEC admitted disabling multi-factor authentication in July 2023. SIM swapping is difficult to defend against, involving social engineering and exploiting vulnerabilities in telecom APIs. Investigations into the incident are ongoing … Read more

SEC Says X Account Hacked via SIM Swapping

January 23, 2024 at 06:54AM Hackers used SIM swapping to take over the US Securities and Exchange Commission’s Twitter account, announcing the approval of a bitcoin exchange-traded fund. After the post caused a spike in bitcoin price, the agency clarified that the account had been compromised. The hackers gained unauthorized access through a telecom carrier … Read more

GTA 5 source code reportedly leaked online a year after RockStar hack

December 25, 2023 at 01:35PM The Grand Theft Auto 5 source code was leaked on Christmas Eve, allegedly by the Lapsus$ hacker group, a year after hacking Rockstar Games. Links to download the source code were shared on various channels, and the hacker paid homage to another hacker involved in previous leaks. Lapsus$ is known … Read more

In Other News: Ukraine Hacks Russia, CVE for Water ICS Attacks, New Intel Xeon CPUs 

December 15, 2023 at 09:54AM SecurityWeek’s weekly cybersecurity roundup offers a concise compilation of notable stories, covering topics like Chinese APT hacking, Ukraine’s server destruction, cryptocurrency theft, ransomware gang arrests, vulnerabilities, and software patches. It also highlights industry news such as Dragos CEO joining DataTribe and the launch of 5th Gen Intel Xeon processors with … Read more

SIM swapper gets 8 years in prison for account hacks, crypto theft

November 29, 2023 at 02:32PM Amir Hossein Golshan, 25, received an eight-year prison sentence and was fined $1.2 million for conducting various online scams, including SIM swapping and cryptocurrency theft. He admitted to hijacking a model’s Instagram and defrauding hundreds, causing $740,000 in losses. Golshan also stole $319,000 in NFTs and $70,000 in cryptocurrencies. Meeting … Read more

Los Angeles SIM Swapper Sentenced to 8 Years in Prison

November 28, 2023 at 09:06AM Amir Hossein Golshan, a cybercriminal from Los Angeles, has been sentenced to 96 months in prison for engaging in multiple cybercrime schemes. He caused approximately $740,000 in losses to hundreds of victims through online scams and unauthorized account access. Golshan used SIM swapping to take control of victims’ social media … Read more

FCC adopts new rules to protect consumers from SIM-swapping attacks

November 18, 2023 at 10:32PM The Federal Communications Commission (FCC) has introduced new rules to protect consumers from SIM swapping attacks and port-out fraud. These scams involve criminals taking control of a victim’s phone number to gain unauthorized access to personal accounts and sensitive information. The FCC’s updated regulations require wireless service providers to implement … Read more

FCC Tightens Telco Rules to Combat SIM-Swapping

November 17, 2023 at 11:15AM The FCC has introduced new rules requiring wireless carriers in the US to give consumers more control over their mobile phone accounts to combat the rise in SIM-swapping and port-out fraud. Carriers must now notify customers of any SIM transfer requests to prevent cybercriminals from carrying out fraudulent activities. The … Read more

FCC Enforces Stronger Rules to Protect Customers Against SIM Swapping Attacks

November 17, 2023 at 07:48AM The FCC is implementing new rules to protect consumers from SIM-swapping attacks and port-out fraud. These scams involve malicious actors gaining control of a consumer’s phone number without physical access to the device. The rules require wireless providers to use secure authentication methods and notify customers of any SIM changes … Read more

Ransomware crooks SIM swap medical research biz exec, threaten to leak stolen data

November 1, 2023 at 06:52PM A cybercriminal group called Alphv, also known as BlackCat, claims to have stolen data from Advarra, a firm that helps run medical trials. The group gained access to an executive’s account by SIM swapping their cellphone number. The attackers have threatened to leak the stolen data if a ransom is … Read more