Sim Swap News Today

KUALA LUMPUR: The Royal Malaysia Police (PDRM) has denied disseminating an advisory on social media regarding the existence of a ‘Sim Swap’ scam. Buki...

The woman did not even answer the calls using the same number but the cybercriminals were still able to exploit her information to withdraw funds from her account

An advocate from Delhi has reportedly lost ₹50 lakh in a SIM swap scam.The woman has claimed that she did not share any OTP or banking information with the

A customer told her service provider she had not authorised a SIM swap — but lost R187,000 anyway.

The Telecom Regulatory Authority of India (TRAI) has proposed changes to the mobile number portability (MNP) rules to prevent SIM-swap fraud. Under the new regulations, telecom operators will need to check if a porting request is coming from a number that has undergone a SIM swap or replacement in the previous 10 days. If so, the unique porting code will not be allocated, preventing the port-out/in process.

Scammers also take advantage of a weakness in two-factor authentication (2FA) and verification and use the phone number to gain access to the owners account.

Ethereum founder Vitalik Buterin took to social media to share details about the hacking of his profile on X, formerly Twitter. The influential crypto figure…

The Department of Telecommunications (DoT) in India has tightened rules around verification requirements for customers seeking mobile phone numbers and for point of sale (PoS) entities appointed by telecom operators. This is to curb fraud and phishing activities. Telecom operators will have to verify and register each PoS entity before they can start enrolling customers. The PoS entity will also need to be authenticated using biometrics, such as Aadhaar based e-KYC. Violation of the rules will r...

The MP said it was a pity that "our educated youth are turning to crime because they cannot get jobs".

The U.S. Department of Justice hoped the latest verdict would serve as a warning to malicious actors and the broader cybercrime community.