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 ...

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 ...

Criminals are increasingly using a technique called “SIM swapping” to steal personal information and gain access to your accounts via your phone. SIM swapping is a crime where criminals steal your ...

With a SIM-swapping attack, scammers hijack your phone number to gain access to apps on your phone—including banking apps.

We live in a fast-paced digital world, and smartphones have become a staple of our everyday lives. We rely on the device for everything from communication to banking to controlling all of our ...

As digital transactions become the norm, the very foundation of financial security rests precariously on the strength of ...

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 ...

Your phone number could be stolen, giving thieves access to your accounts. Robert Ross had never heard of the crime of “SIM swapping” until he became a victim. “I saw a notification for a withdrawal ...

Avoid using phone numbers for two-factor authentication (2FA) as they are vulnerable to SIM swap attacks. Instead, use ...

Since the cryptocurrency exchange FTX collapsed in November 2022, a lingering question had been what happened to approximately $400 million in cryptocurrency that disappeared as Sam Bankman-Fried’s ...

Sim-swap, a modern form of fraud, has resulted in several Kenyans losing money to the tune of hundreds of thousands of shillings per victim. The Sim-swap scam is not only a concern to Kenya, but other ...