Incidents of hackers convincing cellphone companies to hand over control of user numbers have increased 150 percent in three years.
As cryptocurrency trader and investor Chris Burniske told the New York Times this week, the speed with which attackers compromise user devices with assumed links to virtual currency holdings is cause for great concern.
“My iPad restarted, my phone restarted and my computer restarted, and that’s when I got the cold sweat and was like, ‘O.K., this is really serious,’” he told the publication about the episode in 2016 which saw hackers drain $150,000 worth of coins.
Link: https://cointelegraph.com/news/hodlers-beware-hackers-persuade-phone-companies-to-hand-over-numbers