SIM-swapping attacks targeting executives are on the rise. In 2023, the FBI investigated 1,075 SIM-swapping attacks, which resulted in nearly $50 million in losses. SIM swapping has become so ...
Swapping a SIM card is easy, and you don't need to turn your phone off for it to be successful. But if you have the time, ...
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What is a SIM swap scam and how can you protect your number?
SIM swapping represents a critical fraud risk that preys on individuals' mobile identities. Scammers collect sensitive details to pose as their targets and manipulate telecom companies. When ...
Maya Fisher-French sat down with Thokozani Mvelase, CEO of the Communications Risk Information Centre, to unpack how SIM swap fraud works, why scammers are so desperate to control your mobile number, ...
In recent times, the convenience of mobile banking and two-factor authentication has made managing finances easier for many. However, a recent incident in Maryland highlights the growing threat of SIM ...
The Justice Department recently, quietly unsealed an indictment that some mainstream and crypto media platforms quickly picked up and reported as charges that "solved" the mystery of a $400 million ...
Investigators with the Durham Regional Police Service are looking for a man in connection with a SIM card swap fraud probe.
SIM swap fraud continues to cause substantial financial losses for both consumers and financial institutions, undermining the integrity of the financial ecosystem. According to the FBI’s IC3 Report, ...
The latest figures from the UK's National Fraud Database show a tenfold rise in SIM swap fraud cases over the past year. Criminals are hijacking mobile numbers to intercept two-factor authentication ...
You’ve probably deleted a shady text message or two without a second thought, and blocking spam email from strangers feels second nature by now. But would you recognize the signs of a SIM swap scam?
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