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US citizens lost more than $68M to SIM swap attacks in 2021, FBI warns

Security Affairs

In 2018, the FBI Internet Crime Complaint Center (IC3) received complaints for 1,611 SIM swapping attacks, while the number of complaints in the period between 2018 e 2002 was 320 causing a total of losses of $12 million. Authenticate calls from third party authorized retailers requesting. Pierluigi Paganini.

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Spanish police dismantled SIM swapping gang who stole money from victims’ bank accounts

Security Affairs

With this, they deceived the employees of phone stores to obtain duplicate SIM cards and, in this way, have access to the bank’s security confirmation messages. In this way they could operate in online banking and access bank accounts to empty them after receiving security confirmation messages from the banks.”

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Judging Facebook's Privacy Shift

Schneier on Security

In security and privacy, the devil is always in the details -- and Zuckerberg's post provides none. Most recently, the company used phone numbers provided for two-factor authentication for advertising and networking purposes. Better security for collected user data. Better data security so Facebook sees less.

Privacy 86
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FTC Announces Significant Updates to GLB Safeguards Rule

Hunton Privacy

Promulgated in 2002 pursuant to the Gramm-Leach-Bliley Act, the Safeguards Rule obligates covered financial institutions to develop, implement and maintain a comprehensive information security program that complies with the Rule’s requirements. Security Programs.

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The Hacker Mind Podcast: What Star Wars Can Teach Us About Threat Modeling

ForAllSecure

Having a common framework around vulnerabilities, around threats , helps us understand the information security landscape better. Literally, how the rebellion fighting the Empire has echoes in how we approach and mitigate information security threats. He’s the author of the acclaimed Threat Modeling: Designing for Security.

Cloud 40