AT&T Sued After Its Employees Allegedly Took Part in SIM-Swapping Case

shutterstock 82832002 sim card 800x600

In the past, we’ve reported that AT&T has been the subject of lawsuits in that it allowed its employees to take part in SIM-swapping attempts, so hackers could gain access to potential cryptocurrency holders’ phones. A new case has emerged today that sees the phone company at the center of an $18 million lawsuit. AT&T Is at the Center of a Crypto Fight… Again The plaintiff is Seth Shapiro of Torrance, California. Shapiro describes himself as an “Emmy-winning media and technology expert,” thought at press time, it’s unclear what programs he’s worked on. Either way, SIM-swapping continues to be a popular method amongst cyberthieves looking to get their fingers on cryptocurrency funds that aren’t theirs. SIM-swapping occurs when a hacker gains access to a phone holder’s private information, such as their birthdate or social security number. They then contact the employees of that person’s cell phone provider and request data…

Read the original article here