SIM Swapping Hacker | Breaking Cybersecurity News | The Hacker News

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

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

As a vCISO, you are responsible for your client's cybersecurity strategy and risk governance. This incorporates multiple disciplines, from research to execution to reporting. Recently, we published a comprehensive playbook for vCISOs, "Your First 100 Days as a vCISO – 5 Steps to Success" , which covers all the phases entailed in launching a successful vCISO engagement, along with recommended actions to take, and step-by-step examples.  Following the success of the playbook and the requests that have come in from the MSP/MSSP community, we decided to drill down into specific parts of vCISO reporting and provide more color and examples. In this article, we focus on how to create compelling narratives within a report, which has a significant impact on the overall MSP/MSSP value proposition.  This article brings the highlights of a recent guided workshop we held, covering what makes a successful report and how it can be used to enhance engagement with your cyber security clients.