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 ...
If you haven’t experienced SIM swap fraud, count yourself lucky. It’s a relatively new, sophisticated form of fraud that allows hackers to gain access to bank accounts, credit card numbers, and other ...
A SIM card is, effectively, a portable identity token. Once compromised, it gives attackers a back door into bank accounts, digital wallets, investment apps, and high-risk transactional environments.
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, ...
Two Westlake residents have been arrested by Palm Beach Police, who say the pair executed an elaborate financial fraud known as "SIM swapping" that attempted to steal more than $200,000 from a Palm ...
A San Fernando Valley, California, man has been sentenced to more than five years in federal prison after orchestrating a massive fraud operation that targeted dozens of victims, many of them elderly.
Two Westlake residents were arrested on charges that they used an elaborate 'SIM swap' scam to gain access to a Palm Beach resident's phone and financial accounts. Police said the Westlake residents ...