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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. Use a variation of unique passwords to access online accounts. Be aware of any changes in SMS-based connectivity.

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

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. Use a variation of unique passwords to access online accounts. Be aware of any changes in SMS-based connectivity.

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MY TAKE: New ‘cyberthreat index’ shows SMBs cognizant of big risks, ill-prepared to deal with them

The Last Watchdog

The company got its start in 2002 in Gulf Breeze, Florida, as a two-man operation that set out to help small firms filter the early waves of email spam. Years of stealing user names and passwords, and poor password practices add to this mix. You can give a listen to the entire interview at this accompanying podcast.

Risk 182
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Ten Years Later, New Clues in the Target Breach

Krebs on Security

retail giant Target was battling a wide-ranging computer intrusion that compromised more than 40 million customer payment cards over the previous month. When ChronoPay’s internal emails were leaked in 2010, the username and password for its MegaPlan subscription were still working and valid.