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#simswapping

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$38,000… GONE while he was sleeping.

That’s how fast SIM-swapping can destroy your financial life.

In just 3 hours, a hacker took over Justin Chan’s phone number, intercepted his two-factor codes, and emptied his bank and trading accounts. No alarms. No notifications. Just silent access and drained funds.

It didn’t happen because he was careless.
It happened because the attacker exploited a broken system:

- His mobile carrier transferred his number to a new device without proper checks
- His 2FA codes were sent to that new device
- His bank and investment apps trusted that number

This is the $38,000 mistake most people never see coming. Because by the time you realize something is wrong — it’s already too late.

The worst part? Getting the money back was harder than the hack itself.
It took media pressure, endless follow-ups, and months of stress just to get refunded.

Mobile numbers are the new master key — and most people are handing them out unlocked.

If your 2FA is tied to your phone number, it's time to change that.
If your carrier doesn’t lock down your SIM by default, it’s time to upgrade.
And if your bank’s idea of protection is a form letter and a closed case, don’t wait for a wake-up call at 3AM.

Noah Urban, aka "King Bob" and a suspected member of Scattered Spider, pleaded guilty this week in a case involving wire fraud, cryptocurrency theft, phishing, and simswapping. He had cases against him in Florida and California. Other people indicted with him have yet to be tried or to make plea deals, and one young man from Scotland has been detained in Spain pending determination of extradition request (I haven't found any update on the extradition case).

databreaches.net/2025/04/06/fl

or jump directly to Urban's plea agreement:
storage.courtlistener.com/reca

#wirefraud, #cryptocurrency, #phishing, #simswapping, #identitytheft

Schluss mit SMS-Codes: Google ersetzt Authentifizierung bei Gmail durch QR-Codes
Google hat angekündigt, die SMS-basierte Zwei-Faktor-Authentifizierung (2FA) bei Gmail durch QR-Codes zu ersetzen. Mit dieser Änderung verfol
apfeltalk.de/magazin/news/schl
#News #Services #Authentifizierung #Gmail #Google #Kontoschutz #Phishing #QRCode #Sicherheit #SIMSwapping #SMSCodesAblsen #ZweiFaktorAuthentifizierung