The Rise of SIM Swapping Attacks: Cryptocurrency Firms Fall Victim to Data Breaches
Data Breaches Strike Three Cryptocurrency Firms After Kroll SIM Swapping Attack Overview Three bankrupt cryptocurrency companies, FTX, BlockFi, and Genesis, have suffered data breaches as a result of a SIM swapping attack on risk and financial advisory firm Kroll. The attack, described as “highly sophisticated,” involved transferring an employee’s T-Mobile phone number to a SIM…