A great explanation of a “SIM port hack” that successfully was used to steal 100K$ and what to do so it does not happen to you #mustRead #pleaseShare HT thanks and good luck to @coonsesean

I lost north of $100,000 last Wednesday. It evaporated over a 24-hour time span in a “SIM port attack” that drained my Coinbase account. It has been four days since the incident…

Sourced through Scoop.it from: medium.com

WHY IT MATTERS: this should be essential reading for anyone to at the very least understand the potential dangers of hacking everywhere and the limits of 2 factor authentification (2FA). The recommendations are all very good and should be t least considered by everyone. Please share.

Farid Mheir
farid@mheir.com