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A SIM swap scam (also known as port-out scam, SIM splitting, [1] simjacking, and SIM swapping) [2] is a type of account takeover fraud that generally targets a weakness in two-factor authentication and two-step verification in which the second factor or step is a text message (SMS) or call placed to a mobile telephone.
This type of fraud is known as SIM swapping. The fraudulent holder of a SIM can access a wide range of content on a phone, which can serve as a gateway to financial, social media, email and other ...
What is a SIM swap attack? A SIM swap is a type of fraud where scammers trick a mobile carrier into transferring a victim’s phone number to a device they control. This can be done by calling the ...
SIM-swapping is a growing form of identity theft that goes beyond hacking into an email or social media account. In this case, the thieves take over your phone number. Any protections consumers ...
Star Fraud, Octo Tempest, Scatter Swine, and Muddled Libra have all been names used to refer to the group previously. [ 1 ] [ 5 ] Scattered Spider is a component of a larger global hacking community, known as "the Community" or "the Com", itself having members who have hacked major American technology companies.
In law, fraud is an intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law or criminal law, or it may cause no loss of money, property, or legal right but still be an element of another civil or criminal wrong. [1]
SIM swapping — a common technique in the world of cyber theft — is a way of transferring a person's phone number to another device without authorization.
Lapsus$ uses a variety of attack vectors, including social engineering, MFA fatigue, SIM swapping, [6] and targeting suppliers. Once the group has gained the credentials to a privileged employee within the target organisation, the group then attempts to obtain sensitive data through a variety of means, including using remote desktop tools.