Shownotes Transcript
Rich Sanders, cofounder and chief security officer of CipherBlade, and Harry Denley, director of security of MyCrypto.com), discuss the phone porting phenomenon: who's behind these thefts, how they perpetrate them, who is targeted, how to recognize the signs you're a victim and how to the hackers are adapting to people protecting themselves. They cover how you can protect yourself, which accounts to protect, what kinds of email addresses and numbers to set up, how to set them up, how to separate them from anything valuable, and which two-factor authentication methods could work instead. Plus, they go over how to report a theft, to whom you should report, and what information to include.
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Crypto.com): https://crypto.com)
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CipherTrace: https://ciphertrace.com/unchained)
Episode links:
MyCrypto: https://mycrypto.com/)
CipherBlade: https://cipherblade.com)
The SIM Swapping Bible: https://medium.com/mycrypto/what-to-do-when-sim-swapping-happens-to-you-1367f296ef4d)
My Forbes story covering the phone hijacking phenomenon: https://www.forbes.com/sites/laurashin/2016/12/20/hackers-have-stolen-millions-of-dollars-in-bitcoin-using-only-phone-numbers/#1964ddb738ba)
Michael Terpin, awarded $75 million in case after losing $24 million in crypto: https://www.coindesk.com/crypto-investor-awarded-over-75-million-in-sim-swapping-hack-case)
Cody Brown who lost $8,000 on Coinbase due to a phone hijacking: https://medium.com/@CodyBrown/how-to-lose-8k-worth-of-bitcoin-in-15-minutes-with-verizon-and-coinbase-com-ba75fb8d0bac)
BitGo engineer losing his money via SIM porting: https://medium.com/coinmonks/the-most-expensive-lesson-of-my-life-details-of-sim-port-hack-35de11517124)
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