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SIM Swapping Poses New Problems for Phone Security

SIM card fraud is on the upswing as more cyber criminals look to target victims’ mobile phones to take over their accounts.

Typically, the text message comes in late at night. Many people might ignore it.

“You’re on the phone with your carrier and just authenticated with an alternative method. Not you? Please call us.”

This is what happened to Cody Brown, a software developer and entrepreneur, late one night. He called the number, but his carrier was closed. Eleven minutes later, the attackers had changed his Gmail password. Then his Coinbase password got reset.

Read more at Symantec

Homeland Security Todayhttp://www.hstoday.us
The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

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