SimSwap.Su Gives Fraudsters Scary, Powerful Tool

A website called SimSwap gives fraudsters a scary powerful tool to intercept text messages, swap sim cards, turn off phones remotely, and even bypass fraud controls like 3D-Secure. And it’s all available right online for anyone to buy. It’s no longer just for sophisticated hackers accessing secret dark web marketplaces. The software exploits flaws in […]

2 Bank Employees Sent Screen Shots To Outside Fraudster

A new internal fraud case at Citizens Banks and Santander again proves that employees are often the weakest link in banks’ fraud control systems. In this particular case, employees from two banks were recruited to work for an outside fraudster who wanted customer information and screenshots from them so he could commit a massive and […]