New bank login technology using SIM cards seeks to take the place of SMS OTP codes

LastPass alerts users about a new phishing scam involving a counterfeit DocuSign page

If you do online banking, you’re likely familiar with the drill. You enter your password, then wait for that six-digit code that’s supposed to verify your identity. But here’s the thing—scammers have become adept at using those codes against us. For instance, a phony bank representative might call you to coax you into reading that […]

Woman loses thousands in SIM swap fraud before bank refunds her money

Woman loses thousands in SIM swap fraud before bank refunds her money

Imagine you’re at home, casually scrolling through your phone. Then, suddenly, everything goes silent—texts stop, calls fail, notifications vanish. This was the unsettling reality for Patricia Escriva from Florida, who experienced an alarming loss of control over her phone number. She soon discovered that, within minutes, someone else had taken over her number, leading to […]

Chinese SIM farms are influencing Americans and disrupting society, intelligence experts report.

Chinese SIM farms are influencing Americans and disrupting society, intelligence experts report.

Intelligence experts believe that advanced chatbots, largely originating from China and integrated into platforms like Reddit and Discord, are playing a significant role in radicalizing young Americans and intensifying political divides, potentially leading to violence. These chatbots can create millions of fake online identities, infiltrating discussions on social media and destabilizing American society. This is […]

Secret Service uncovers large NYC telecom operation with 100,000 SIM cards

Secret Service uncovers large NYC telecom operation with 100,000 SIM cards

Secret Service Dismantles Major Telecom Network in NYC The US Secret Service has taken significant action against a substantial telecommunications network that was concealed within the New York City area, revealing serious implications for national security. This operation marks one of the largest threats to communications found in the nation, involving over 300 SIM servers […]

How SIM swapping resulted in a $1.8 million cyber fraud case

A man from the San Fernando Valley, California, has been sentenced to over five years in federal prison after orchestrating significant fraud operations that targeted many victims, including a number of elderly individuals. Oren David Sela, 36, managed to steal an email account, hijack a phone number through sim swapping, and used the victim’s identity […]