SIM Swappers Sentenced to Prison for Hacking Accounts, Stealing Cryptocurrency By Orbit Brain October 21, 2022 0 280 viewsCyber Security News House › CybercrimeSIM Swappers Sentenced to Jail for Hacking Accounts, Stealing CryptocurrencyBy Ionut Arghire on October 20, 2022TweetTwo Massachusetts people have been sentenced to jail for his or her roles in a scheme to take over high-profile social media accounts and steal cryptocurrency.The 2, Eric Meiggs, 24, of Brockton, and Declan Harrington, 22, of Beverly, employed SIM swapping, laptop hacking, and different strategies as a part of their nefarious actions, the US Division of Justice says.In accordance with paperwork offered in courtroom, the 2 focused executives of cryptocurrency corporations and people who had massive quantities of cryptocurrency or who owned high-value OG (Authentic Gangster) social media accounts.Meiggs and Harrington conspired to take over OG accounts and steal their sufferer’s cryptocurrency and different belongings of worth.One of many strategies they employed was SIM swapping, which consists of the attacker convincing the sufferer’s cell phone provider to switch the sufferer’s quantity to a SIM card managed by the attacker.This enables the cybercriminals to pose because the sufferer with social media account suppliers and initialize password reset procedures that contain sending reset hyperlinks or authorization codes to the sufferer’s cellphone quantity, which is now underneath the attacker’s management.Subsequent, the cybercriminals reset the account’s login credentials and may then entry the account.The 2 defendants focused a minimum of 10 victims within the US and allegedly stole roughly $330,000 in cryptocurrency from them. Meiggs allegedly took over two social media OG accounts.Meiggs and Harrington have been sentenced to 2 years and sooner or later in jail and two years and 7 days in jail, respectively. They pleaded responsible final 12 months.Associated: Canadian NetWalker Ransomware Affiliate Will get 20-Yr Jail Sentence in USAssociated: Israeli Defence Minister’s Cleaner Sentenced for Spying TryAssociated: Seventh Member of Worldwide Cyber Fraud Ring Sentenced to JailAssociated: Estonian Ransomware Operator Sentenced to Jail in USGet the Every day Briefing Most CurrentMost LearnGoogle’s GUAC Open Supply Device Centralizes Software program Safety MetadataPassword Report: Honeypot Knowledge Reveals Bot Assault Traits In opposition to RDP, SSHSIM Swappers Sentenced to Jail for Hacking Accounts, Stealing CryptocurrencyAnonos Raises $50 Million for Knowledge Privateness PlatformNew TSA Directive Goals to Additional Improve Railway CybersecurityAustralian Well being Insurer Medibank Admits Buyer Knowledge Stolen in Ransomware AssaultMicrosoft Confirms Knowledge Breach, However Claims Numbers Are ExaggeratedNew PowerShell Backdoor Poses as A part of Home windows Replace Course ofAI is Key to Tackling Cash Mules and Disrupting Fraud: Trade GroupMicrosoft Patches Vulnerability Permitting Full Entry to Azure Service Material ClustersOn the lookout for Malware in All of the Mistaken Locations?First Step For The Web’s subsequent 25 years: Including Safety to the DNSTattle Story: What Your Pc Says About YouBe in a Place to Act By Cyber Situational ConsciousnessReport Reveals Closely Regulated Industries Letting Social Networking Apps Run Rampant2010, A Nice Yr To Be a Scammer.Do not Let DNS be Your Single Level of FailureMethods to Determine Malware in a BlinkDefining and Debating Cyber WarfareThe 5 A’s that Make Cybercrime so EngagingMethods to Defend In opposition to DDoS AssaultsSafety Budgets Not in Line with ThreatsAnycast – Three Causes Why Your DNS Community Ought to Use ItThe Evolution of the Prolonged Enterprise: Safety Methods for Ahead Considering OrganizationsUtilizing DNS Throughout the Prolonged Enterprise: It’s Dangerous Enterprise cryptocurrency Declan Harrington Eric Meiggs hacking OG account sentence SIM swapping social media Orbit Brainhttp://orbitbrain.com/ Orbit Brain is the senior science writer and technology expert. Our aim provides the best information about technology and web development designing SEO graphics designing video animation tutorials and how to use software easy waysand much more. Like Best Service Latest Technology, Information Technology, Personal Tech Blogs, Technology Blog Topics, Technology Blogs For Students, Futurism Blog.
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