New API Lets App Developers Authenticate Users via SIM Cards

Online account creation poses a challenge for engineers and system architects: if you put up too many barriers, you risk turning away genuine users. Make it too easy, and you risk fraud or fake accounts. The Problem with Identity Verification The traditional model of online identity –...

Mobile Carrier Customer Service Ushers in SIM-Swap Fraud

Mobile carriers have left the door wide open to SIM-swap attacks, particularly when it comes to prepaid accounts, researchers have found. SIM swapping is a form of fraud that allows crooks to bypass SMS-based two-factor authentication 2FA and crack online banking or other high-value accounts...

Large-scale SIM swap fraud

Introduction SIM swap fraud is a type of account takeover fraud that generally targets a weakness in two-factor authentication and two-step verification, where the second factor or step is an SMS or a call placed to a mobile telephone. The fraud centers around exploiting a mobile phone operator's...