Security News Telecoms Manager Admits to Taking Bribes to Help Carry Out SIM Swapping Attacks

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A New Jersey man faces five years in prison after taking hefty bribes and commissions to help cybercriminals in SIM swapping attacks. Cybercriminals use SIM swapping, or SIM jacking, to port a victim’s number to a SIM card in their control and take over their accounts by intercepting two-factor authentication codes. Attackers typically use a telecom insider to do this. Jonathan Katz, aka “Luna,” 42, of Marlton, New Jersey, acted as such an insider while working at an unnamed telecommunication

Source: Telecoms Manager Admits to Taking Bribes to Help Carry Out SIM Swapping Attacks