A teenager Hacker has tapped 75 mobile phones and using the SIM Swap technique, allegedly, a Million dollars in crypto-Assets stolen.
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Phone-Hijacking of a very lucrative
According to reports, the steel of the New York Yousef Selassie, the identities of 75 people and was able to steal $ 1 Million in crypto-currency.
The 19-Year-old used a sophisticated SIM Swap technology that he could use from the comfort of his apartment in the city center. According to the Prosecutor’s office of Manhattan Selassie has hacked between January and may, the phones of people in 20 different States.
By the Transfer of the telephone numbers of his victim on his own iPhone, he was able to put E-Mail passwords and crypto-currency accounts.
According to the cyber security firm Norton SIM Swapping, it’s about vulnerabilities in Two-factor authentication and verification to take advantage of, in the second step, a text message (SMS) or a call to the mobile phone number is.
In order to accept the SIM card and the number to call the scammer often the mobile service provider, pretend to be victims and claim that they have lost their SIM card and number.
Ask the provider to activate a new, in possession of a SIM card that transfers all of the personal data of the victim, including the number, on the device of the attacker. Once this is done, the phone of the victim offline.
May security are issues in the game, allowing the attacker to perform Phishing attacks, or Social Media Profiles to get answers. Facebook has become a breeding ground for nefarious activities, because the people are too quickly willing to provide personal information.
As soon as the offender has access to the phone number that he can use for communication with banks, or in this case, with the crypto accounts using Two-factor authentication.
On Wednesday, the offender pleaded at the Manhattan Supreme Court, not guilty on 87 counts of Grand larceny, identity theft and other charges.
Crypto-Community in the visor
ZDNet according to the may was an active month for the SIM-Swapping. There have been numerous cases, such as User crypto-Social-Media reports.
The attacker had concentrated on members of the crypto Community. To find the on Twitter was not hard. The report published a series of Tweets from the US-based crypto-traders and investors, from which it is clear that it could have been a coordinated series of attacks traded.
SIM-Swapping attacks underline the need to be as vigilant crypto-owner of now – especially if you are active on Social Media.