Florida man jailed after draining $1M from victims in crypto SIM swap attacks

October 30, 2023 at 07:04PM Jordan Persad, a 20-year-old from Florida, has been sentenced to 30 months in prison for his involvement in a SIM-swapping ring that stole almost $1 million in cryptocurrency. Persad and his co-conspirators used SIM swapping to gain access to victims’ online accounts and cryptocurrency wallets. He pleaded guilty to conspiracy … Read more

Microsoft unveils shady shenanigans of Octo Tempest and their cyber-trickery toolkit

October 27, 2023 at 09:15AM Microsoft has released a report on Octo Tempest, a dangerous financial criminal group. The group, which primarily targets English-speaking organizations, is skilled in SMS phishing, SIM swapping, and advanced social engineering. Originally focused on data extortion, Octo Tempest has now expanded to full-scale ransomware attacks. The group uses various tactics, … Read more

Microsoft Warns as Scattered Spider Expands from SIM Swaps to Ransomware

October 26, 2023 at 10:06AM Scattered Spider, a prolific threat actor, is impersonating new employees in targeted firms to infiltrate organizations worldwide. Microsoft describes the group, also known as Octo Tempest, as a dangerous financial criminal group that utilizes SMS phishing, SIM swapping, and help desk fraud to carry out their attacks. Their tactics include … Read more