Wednesday, March 05, 2025 | 04:50 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Identity thieves hijack cellphone accounts to go after virtual currency

Hackers appear to be focusing on anyone who talks on social media about owning virtual currencies

Most victims of these attacks in the virtual currency community have not wanted to acknowledge it publicly for fear of provoking their adversaries 	photo: istock
Premium

Most victims of these attacks in the virtual currency community have not wanted to acknowledge it publicly for fear of provoking their adversaries Photo: istock

Nathaniel Popper | NYT
Hackers have discovered that one of the most central elements of online security — the mobile phone number — is also one of the easiest to steal.
 
In a growing number of online attacks, hackers have been calling up Verizon, T-Mobile US, Sprint and AT&T and asking them to transfer control of a victim’s phone number to a device under the control of the hackers.
 
Once they get control of the phone number, they can reset the passwords on every account that uses the phone number as a security backup — as services like Google, Twitter and Facebook

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in