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

The Last Watchdog

I often see a sizable gap between perceptions and reality among many SMB leaders,” Troy Gill a senior security analyst at AppRiver told me. I had the chance at RSA 2019 to discuss the SMB security landscape at length with Gill. They don’t know what they don’t know, and this lack of preparedness often aids and abets cybercriminals.”

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States Attempt to Address Privacy Risks Associated with Digital Copiers and Electronic Waste

Hunton Privacy

Retailers of covered electronic equipment will be required to provide consumers with information at the point of sale about opportunities offered by manufacturers for the return of electronic waste, to the extent they have been provided such information by the manufacturer.

Privacy 40
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FTC Investigating Privacy Risks to Data Stored on Digital Copiers

Hunton Privacy

Congressman Markey had urged the FTC to investigate this issue after a CBS News exposé showed that almost every digital copier produced since 2002 stores on its hard drive images of documents that are “scanned, copied or emailed by the machine” – including documents with sensitive personal information.

Privacy 40
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California passes major legislation, expanding consumer privacy rights and legal exposure for US and global companies

Data Protection Report

Similar to GDPR, the law does contain some exceptions, including: information necessary to complete transactions; detect security breaches; protect against illegal activity; or to enable internal uses that are reasonably aligned with the expectations of the consumer based on the consumer’s relationship with the business.

Privacy 40
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California Passes Major Legislation, Expanding Consumer Privacy Rights and Legal Exposure for US and Global Companies

Data Protection Report

Similar to GDPR, the law does contain some exceptions, including: information necessary to complete transactions; detect security breaches; protect against illegal activity; or to enable internal uses that are reasonably aligned with the expectations of the consumer based on the consumer’s relationship with the business.

Privacy 40