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