Endpoint //

Privacy

7/30/2018
01:27 PM
50%
50%

$5 Million in Cryptocurrency Stolen in SIM Hijacking Operation

College student is arrested for his alleged involvement.

A college student from Boston was arrested this month at Los Angeles International Airport for his alleged role in a SIM hijacking scheme that resulted in the theft of more than $5 million in cryptocurrency.

Joel Ortiz, 20, allegedly hacked the SIM cards of 40 victims, Motherboard reports. He and others involved in the hack targeted people associated with cryptocurrency investment and blockchain operations. SIM hijacking occurs when a wireless provider is duped into moving the victim's phone number to a SIM held by the attacker, who then uses the number to reset passwords and hack other online accounts of the victim.

Ortiz was charged with identity theft, hacking, and grand theft, the report said.
 
Read more here

 

 

 

Black Hat USA returns to Las Vegas with hands-on technical Trainings, cutting-edge Briefings, Arsenal open-source tool demonstrations, top-tier security solutions and service providers in the Business Hall. Click for information on the conference and to register.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Crowdsourced vs. Traditional Pen Testing
Alex Haynes, Chief Information Security Officer, CDL,  3/19/2019
BEC Scammer Pleads Guilty
Dark Reading Staff 3/20/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: Insider Threat Prevention activated!
Current Issue
5 Emerging Cyber Threats to Watch for in 2019
Online attackers are constantly developing new, innovative ways to break into the enterprise. This Dark Reading Tech Digest gives an in-depth look at five emerging attack trends and exploits your security team should look out for, along with helpful recommendations on how you can prevent your organization from falling victim.
Flash Poll
New Best Practices for Secure App Development
New Best Practices for Secure App Development
The transition from DevOps to SecDevOps is combining with the move toward cloud computing to create new challenges - and new opportunities - for the information security team. Download this report, to learn about the new best practices for secure application development.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-7238
PUBLISHED: 2019-03-21
Sonatype Nexus Repository Manager before 3.15.0 has Incorrect Access Control.
CVE-2017-16253
PUBLISHED: 2019-03-21
An exploitable buffer overflow vulnerability exists in the PubNub message handler Insteon Hub 2245-222 - Firmware version 1012 for the cc channel of Insteon Hub running firmware version 1012. Specially crafted commands sent through the PubNub service can cause a stack-based buffer overflow overwriti...
CVE-2017-16254
PUBLISHED: 2019-03-21
An exploitable buffer overflow vulnerability exists in the PubNub message handler Insteon Hub 2245-222 - Firmware version 1012. Specially crafted commands sent through the PubNub service can cause a stack-based buffer overflow overwriting arbitrary data. An attacker can send an authenticated HTTP re...
CVE-2017-16255
PUBLISHED: 2019-03-21
An exploitable buffer overflow vulnerability exists in the PubNub message handler Insteon Hub 2245-222 - Firmware version 1012. Specially crafted commands sent through the PubNub service can cause a stack-based buffer overflow overwriting arbitrary data. An attacker can send an authenticated HTTP re...
CVE-2018-3968
PUBLISHED: 2019-03-21
An exploitable vulnerability exists in the verified boot protection of the Das U-Boot from version 2013.07-rc1 to 2014.07-rc2. The affected versions lack proper FIT signature enforcement, which allows an attacker to bypass U-Boot's verified boot and execute an unsigned kernel, embedded in a legacy i...