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Cybercrime·Fraud & Identity Theft

Spanish Authorities Dismantle SIM Swapping Gang

Spanish authorities this week announced they arrested eight individuals that were part of a fraud ring that employed SIM swapping to compromise bank accounts. The suspects used phishing and impersonation to obtain the personal information of potential victims and then proceeded to take over online banking accounts to steal money. The post Spanish Authorities Dismantle SIM Swapping Gang appeared first on SecurityWeek.

Spanish authorities this week announced they arrested eight individuals that were part of a fraud ring that employed SIM swapping to compromise bank accounts.

The suspects used phishing and impersonation to obtain the personal information of potential victims and then proceeded to take over online banking accounts to steal money.

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