SIM swapping attacks behind millions in losses
https://www.bleepingcomputer.com/news/security/fbi-warns-of-criminals-escalating-sim-swap-attacks-to-steal-millions/
The Federal Bureau of Investigation (FBI) says criminals have escalated SIM swap attacks to steal millions by hijacking victims' phone numbers.
The number of complaints received from the US public since 2018 and reported losses have increased almost fivefold, according to reports received by the FBI through the Internet Crime Complaint Center (IC3) in 2021.