• SIM swap hacker caught in Florida

    2 monthes ago - By Tech Crunch

    Florida police have arrested 25-year-old named Ricky Joseph Handschumacher. The young man is suspected of grand theft and money laundering. Handschumacher used SIM Swapping techniques to steal thousands in Bitcoin and to “drain bank accounts” according to security researcher Brian Krebs .
    Handschumacher's scam was simple: he called+ telecom operators and ask them to swap his SIM card for the victim's SIM card. This, in turn, gave him access to two-factor authentication techniques via SMS and allowed him to access email accounts, bitcoin wallets, and file storage systems. I experienced this...
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