FBI: Beware of cybercriminal SIM swap schemes
The Federal Bureau of Investigation (FBI) has issued a cybersecurity alert for Subscriber Identity Module (SIM)Â swap schemes used by cybercriminals to steal millions from US victims.
SMS
Hacker breaks into Reddit systems via SMS-based 2FA
Reddit, a popular social news aggregation and discussion website, suffered from a security breach between June 14 and June 18 of this year. The incident was discovered on June 19 and linked to weaknesses in SMS-based two-factor authentication (2FA).
LokiBot malware threat
A new Android banking malware dubbed LokiBot can trigger ransomware capabilities when a victim tries to remove the malware from their infected device. According to a Tripwire report , some of the additional features of LokiBot include the ability for attackers to read a victim’s SMS messages and also send out spam email to infect other users. The …