Convicted SIM Swapper Gets 3 Years in Jail
Summary: Conor Freeman, a 21-year-old from Dublin, was sentenced to just under three years in prison for his role in stealing more than $2 million in cryptocurrency through SIM swapping in 2018 as part of a group called "The Community" charged with wire fraud tied to over $2.4 million in losses. The scheme involved paying phone company employees to transfer victims' mobile service to attacker-controlled SIM cards, letting the group intercept calls and texts and reset passwords on accounts protected only by SMS.
Bottom line: Three former wireless phone company employees allegedly helped hijack the mobile numbers, which means the insider at the carrier - not the attacker - is the control point most organizations never assess. One victim lost his life savings and the proceeds from the sale of his house.
Read the original at Krebs on Security ↗
- Topics
- Data Breaches
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