Facebook in $650M Privacy Lawsuit Settlement, 400 T-Mobile Users Affected By SIM Swap Fraud & How To Prevent A SIM Swap Attack

T-Mobile is in the news again for the fifth time in four years for a data breach; this time, 400 users were victims of a SIM Swap Fraud.  The recent attacks via SIM swap fraud have brought Wireless carriers under the spotlight. In 2021, more companies are embracing cryptocurrencies investments. Online users are buying company shares via mobile applications; it is thus crucial to ensure that accounts are kept safe from identity theft and other types of attacks.  In episode 23, I talk about protecting yourself from SIM swap attacks and keeping your crypto safe. I also comment on the verdict by a US District Judge to order Facebook to pay $650M in settlement for a privacy violation. Besides, this episode notes includes a research paper regarding vulnerable authentication challenges published in January 2020.  Salaudeen Amao gives a breakdown of recent news in cyberspace. Learn something about security and more that can help you get Cybersmart both online and offline. Episodes are released every week. Follow him on Twitter @Major_Jeneral. LINKS: 1. Judge Approves $650M Facebook Privacy Lawsuit Settlement     https://www.securityweek.com/judge-approves-650m-facebook-privacy-lawsuit-settlement 2. T-Mobile Discloses Data Breach After SIM Swapping Attacks     https://www.bleepingcomputer.com/news/security/t-mobile-discloses-data-breach-after-sim-swapping-attacks/ T-Mobile Notice To Customers Affected By Data Breach      https://beta.documentcloud.org/documents/20492859-t-mobile-feb-2021-bc-data-breach 3. All about SIM Hijacking and Research Done Using 5 Popular Telecom Carriers       https://www.schneier.com/blog/archives/2020/01/sim_hijacking.html An Empirical Study of Wireless Carrier Authentication for SIM Swaps      https://www.issms2fasecure.com/assets/sim_swaps-01-10-2020.pdf Study Shows The Internet Is Hugely Vulnerable To SIM Hijacking Attacks      https://www.techdirt.com/articles/20200114/06480143727/study-shows-internet-is-hugely-vulnerable-to-sim-hijacking-attacks.shtml 4. Stories And A Video-‘I Lived a Nightmare:’ SIM Hijacking Victims Share Their Stories      https://www.vice.com/en/article/j5bpg7/sim-hijacking-t-mobile-stories 5. Keeping Your Crypto Safe Offline - What Happens When Hackers Steal Your SIM You Learn To Keep Your Crypto Offline      https://techcrunch.com/2018/08/20/what-happens-when-hackers-steal-your-sim-you-learn-to-keep-your-crypto-offline/amp/

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