Cryptocurrency users around the globe face many different threats. SIM Swaps are perhaps the worst type of attack, yet they continue to occur on a regular basis. Anyone keeping bitcoin or altcoins on an exchange would be better off using a hardware wallet of some sorts. Another SIM Swap Story Pops up Users who rely on exchanges or online wallets are more prone to get targeted by a SIM swap attack. On Reddit, a new post has surfaced documenting such an incident. The Coinbase user in question had his account drained once criminals managed to bypass his two-factor authentication security.
The post Another Coinbase User Falls Victim to a SIM Swap Attack appeared first on The Merkle Hash.
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