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sim swapping: US SEC blames 'SIM swapping' for its X account hack - Vimarsana News

sim swapping: US SEC blames 'SIM swapping' for its X account hack

The U.S. Securities and Exchange Commission (SEC), a Wall Street regulator, revealed that its social media account on the platform X was hacked using the SIM swapping technique. The SEC had removed multi-factor authentication (MFA) six months prior to the attack and reinstated it only after the incident.

Bitcoin frenzy: How a hack of the SEC's social media account caused a Bitcoin frenzy, briefly - Vimarsana News

Bitcoin frenzy: How a hack of the SEC's social media account caused a Bitcoin frenzy, briefly

At 4:11 pm Tuesday, the official X account of the SEC announced that regulators had approved a new investment product tracking the price of Bitcoin, an apparent victory for the embattled crypto industry.