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Category — SIM Swapping Attacker
Europol Arrests 26 SIM Swapping Fraudsters For Stealing Over $3 Million

Europol Arrests 26 SIM Swapping Fraudsters For Stealing Over $3 Million

Mar 16, 2020
Europol, along with the Spanish and the Romanian national police, has arrested 26 individuals in connection with the theft of over €3.5 million ($3.9 million) by hijacking people's phone numbers via SIM swapping attacks. The law enforcement agencies arrested 12 and 14 people in Spain and Romania, respectively, as part of a joint operation against two different groups of SIM swappers, Europol said . The development comes as SIM swapping attacks are emerging as one of the biggest threats to telecom operators and mobile users alike. The increasingly popular and damaging hack is a clever social engineering trick used by cybercriminals to persuade phone carriers into transferring their victims' cell services to a SIM card under their control. The SIM swap then grants attackers access to incoming phone calls, text messages, and one-time verification codes (or one-time passwords ) that various websites send via SMS messages as part of the two-factor authentication (2FA) proc...
U.S. Charges 9 'SIM Swapping' Attackers For Stealing $2.5 Million

U.S. Charges 9 'SIM Swapping' Attackers For Stealing $2.5 Million

May 10, 2019
The U.S. Department of Justice today announced charges against nine individuals, 6 of which are members of a hacking group called "The Community" and other 3 are former employees of mobile phone providers who allegedly helped them steal roughly $2.5 million worth of the cryptocurrency using a method known as "SIM Swapping." According to the 15-count indictment unsealed today, five Americans and an Irishman related to The Community hacking group are charged with conspiracy to commit wire fraud, as well as wire fraud and aggravated identity theft. Another three Americans, who reportedly are the former employees of mobile phone providers, are charged in a criminal complaint with the wire fraud. SIM Swapping , or SIM Hijacking , is a type of identity theft that typically involves fraudulently porting of the same number to a new SIM card belonging to the attacker. In SIM swapping, attackers social engineer a victim's mobile phone provider by convincing it ...
The Future of Serverless Security in 2025: From Logs to Runtime Protection

The Future of Serverless Security in 2025: From Logs to Runtime Protection

Nov 28, 2024Cloud Security / Threat Detection
Serverless environments, leveraging services such as AWS Lambda, offer incredible benefits in terms of scalability, efficiency, and reduced operational overhead. However, securing these environments is extremely challenging. The core of current serverless security practices often revolves around two key components: log monitoring and static analysis of code or system configuration. But here is the issue with that: 1. Logs Only Tell Part of the Story Logs can track external-facing activities, but they don't provide visibility into the internal execution of functions. For example, if an attacker injects malicious code into a serverless function that doesn't interact with external resources (e.g., external APIs or databases), traditional log-based tools will not detect this intrusion. The attacker may execute unauthorized processes, manipulate files, or escalate privileges—all without triggering log events. 2. Static Misconfiguration Detection is Incomplete Static tools that check ...
First Hacker Convicted of 'SIM Swapping' Attack Gets 10 Years in Prison

First Hacker Convicted of 'SIM Swapping' Attack Gets 10 Years in Prison

Feb 04, 2019
A 20-year-old college student who stole cryptocurrency worth more than $5 million by hijacking victims' phone numbers has pleaded guilty and accepted a sentence of 10 years in prison. Ortiz was arrested last year on charges of siphoning millions of dollars in cryptocurrency from around 40 victims using a method commonly known as " SIM swapping ," which typically involves fraudulently porting of the same number to a new SIM card belonging to the attacker. In SIM swapping, attackers social engineer a victim's mobile phone provider by making a phony call posing as their target and claiming that their SIM card has been lost and that they would like to request a SIM swap. The attackers attempt to convince the target's telecommunications company that they are the actual owner of the phone number they want to swap by providing required personal information on the target, like their SSNs and addresses, eventually tricking the telecoms to port the target's pho...
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Creating, Managing and Securing Non-Human Identities

websitePermisoCybersecurity / Identity Security
A new class of identities has emerged alongside traditional human users: non-human identities (NHIs). Permiso Security's new eBook details everything you need to know about managing and securing non-human identities, and strategies to unify identity security without compromising agility.
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