Teenagers today. Can't take them anywhere, eh? 18-year-old kid accused of $50m SIM-swap cryptocurrency heist

Teenagers today. Can't take them anywhere, eh? 18-year-old kid accused of $50m SIM-swap cryptocurrency heist

Also, Cisco, Citrix emit patches, US army advises using Signal


Roundup Here comes a summary of this week's computer security news beyond what we've already covered.


Montreal youth blamed for massive phone-swapping scheme


An 18-year-old man from Canada has been accused of stealing more than $50m in cryptocurrency using SIM-swapping attacks.


SIM swapping typically involves crooks tricking cellular network support staff to transfer victims' smartphone numbers to the criminals' own SIMs, and then using those numbers to reset passwords, or get two-factor authentication tokens, via text messages, and ultimately access and drain cryptocoin accounts.


Prosecutors in Montreal believe Samy Bensaci specifically targeted the cell numbers of people he knew were attending ..

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