Experts have raised the alarm about SIM swapping fraud after the number of recorded scams surged tenfold in a year. There was a 1,055 per cent increase in unauthorised phone SIM swaps in the UK in ...

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 ...

SIM swap fraud, often called SIM hijacking, is a form of account takeover where criminals gain access to a victim's phone number. This allows them to assume control over the victim's mobile identity, ...

Jan. 23 (UPI) --The U.S. Securities and Exchange Commission said the hack that led its X account to prematurely post about the approval of bitcoin ETFs earlier this month was the result of a "SIM swap ...

The FBI is issuing a warning about a new scam that’s costing victims millions of dollars. A news release from the FBI alerts mobile carriers and the public about an increase in Subscriber Identity ...

Scams and cyberattacks have gotten a lot more sophisticated over the years. This is why many online services are relying on security measures like two-factor authentication (2FA) as a way to protect ...

Sim Swap Scam: Cybercrime is rapidly increasing. People are being defrauded using new methods. Now, a scam called "SIM Swap" has emerged. In this, fraudsters steal your mobile number, putting your ...

A SIM swap attack is a fraud where scammers hijack your phone number by deceiving mobile carriers. Using your number, you may reset your passwords and receive two-factor authentication (2FA) codes.

Smartphones have been a boon to productivity and convenience. Many consumers have shifted their banking and investment transactions to the time-saving apps on their phones. But along with convenience, ...

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 ...