U.S. Charges 9 ‘SIM Swapping’ Attackers For Stealing $2.5 Million

From thehackernews.com

sim swapping hacking

The U.S. Department of Justice today announced charges against nine individuals, 6 of which are members of a hacking group called “The Community” and other 3 are former employees of mobile phone providers who allegedly helped them steal roughly $2.5 million worth of the cryptocurrency using a method known as “SIM Swapping.”

According to the 15-count indictment unsealed today, five Americans and an Irishman related to The Community hacking group are charged with conspiracy to commit wire fraud, as well as wire fraud and aggravated identity theft.

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