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I get freaked out every time I read one of those. Two-Factor Authentication Might Not Keep You SafeĪ technology that can give you everything you want is a technology that can take away everything that you have.FBI Issues Surprise New Cyber Attack Warning: Multi-Factor Auth Is Being Defeated.Hackers Are Holding High Profile Instagram Accounts Hostage.SIM swap horror story: I've lost decades of data and Google won't lift a finger.How to lose $8k worth of bitcoin in 15 minutes with Verizon and Coinbase.SIM Swapping Victims Who Lost Millions Are Pressuring Telcos to Protect Their Customers.Everybody is getting tragically sim swapped and you will too.‘I Lived a Nightmare:’ SIM Hijacking Victims Share Their Stories.Wave of SIM swapping attacks hit US cryptocurrency users.Hackers Steal Over $300k From One of Blockchain’s Biggest VCs.The Most Expensive Lesson Of My Life: Details of SIM port hack.Jack Dorsey in a ‘SIM Swap.’ You’re at Risk, Too. Increasingly, the end goal is to gain access to a cryptocurrency account like Coinbase or to steal a high-profile Instagram account handle methods that can quickly be used to get money. It's a dangerous and all-too-quick sequence of events that can turn your life upside down in moments.

From there they are often able to reset other accounts that might not be linked to your phone number. These attacks aim to get access to your phone number so the attackers can reset whatever accounts are tied to the number.Īttackers especially want to reset important accounts like your email account. Today, many online accounts and services request your phone number to use as a form of account recovery as well as playing a role as a second factor in two-factor authentication via SMS text messages.