T-Mobile staff receiving cash offers to help with SIM swap attacks

T-Mobile employees are being propositioned via text messages to partake in illegal SIM swapping activities, with a financial incentive of $300 per swap.

SIM swap attacks take advantage of consumers using SMS as their two-factor authentication (2FA) method. By transferring a number via a SIM swap, an attacker can gain unauthorised access to victims' accounts.

This phenomenon of SIM swapping is a severe concern since it compromises the integrity of what is otherwise a...

16 April 2024 | Security

GSMA Open Gateway unlocks mobile network capabilities for developers

A new collaboration between the world's leading mobile operators will accelerate innovation across industries from finance and retail to transportation, healthcare, and beyond. The GSMA Open Gateway initiative provides developers simplified access to core network capabilities via open application programming interfaces (APIs).

Initially focused on security, new APIs for number verification and SIM swap detection are being implemented by operator groups across 42 countries so far....

23 February 2024 | 5G

FCC announces plan to halt SIM-swappers

The FCC has unveiled a set of rules aimed at safeguarding consumers against scams that seek to commandeer their cell phone accounts.

The proposed regulations, designed to protect citizens' freedom to choose their preferred device and provider, require wireless providers to implement secure authentication methods when swapping SIM cards or porting phone numbers to another carrier.

FCC Chairwoman Jessica Rosenworcel said: “Every consumer has a right to expect that their...

13 July 2023 | Legislation & Government