SIM Swap Scam
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SIM Swap Scam
A SIM swap scam (also known as port-out scam, SIM splitting, Smishing and simjacking, SIM swapping) is a type of Credit card fraud#Account takeover, account takeover fraud that generally targets a weakness in Multi-factor authentication, two-factor authentication and two-step verification in which the second factor or step is a SMS, text message (SMS) or call placed to a mobile telephone. Method The fraud exploits a mobile phone service provider's ability to seamlessly port a phone number to a device containing a different SIM card, subscriber identity module (SIM). This mobile number portability feature is normally used when a phone is lost or stolen, or a customer is switching service to a new phone. The scam begins with a fraudster gathering personal details about the victim, either by use of phishing emails, by buying them from organised criminals, or by directly Social engineering (security), socially engineering the victim. Armed with these details, the fraudster contacts ...
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Credit Card Fraud
Credit card fraud is an inclusive term for fraud committed using a payment card, such as a credit card or debit card. The purpose may be to obtain goods or services or to make payment to another account, which is controlled by a criminal. The Payment Card Industry Data Security Standard (PCI DSS) is the data security standard created to help financial institutions process card payments securely and reduce card fraud. Credit card fraud can be authorised, where the genuine customer themselves processes payment to another account which is controlled by a criminal, or unauthorised, where the account holder does not provide authorisation for the payment to proceed and the transaction is carried out by a third party. In 2018, unauthorised financial fraud losses across payment cards and remote banking totalled £844.8 million in the United Kingdom. Whereas banks and card companies prevented £1.66 billion in unauthorised fraud in 2018. That is the equivalent to £2 in every £3 of atte ...
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Jack Dorsey
Jack Patrick Dorsey (born November 19, 1976) is an American Internet entrepreneur and programmer who is a co-founder and former CEO of Twitter, Inc., as well as a co-founder and the CEO and chairperson of Block, Inc., the developer of the Square financial services platform. Early life Dorsey was born and raised in St. Louis, Missouri, the son of Tim and Marcia (née Smith) Dorsey. He is of part-Italian descent on his mother's side. His father worked for a company that developed mass spectrometers and his mother was a homemaker. He was raised Catholic, and his uncle is a Catholic priest in Cincinnati. Dorsey attended Bishop DuBourg High School. In his younger days, he worked occasionally as a fashion model. By age 14, he had become interested in dispatch routing. Some of the open-source software he created in the area of dispatch logistics was still being used by taxicab companies as of May 2007. Dorsey enrolled at the University of Missouri–Rolla in 1995 and attended for ...
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Daily Beast
''The Daily Beast'' is an American news website focused on politics, media, and pop culture. It was founded in 2008. It has been characterized as a "high-end tabloid" by Noah Shachtman, the site's editor-in-chief from 2018 to 2021. In a 2015 interview, former editor-in-chief John Avlon described the ''Beast''s editorial approach: "We seek out scoops, scandals, and stories about secret worlds; we love confronting bullies, bigots, and hypocrites." In 2018, Avlon described the ''Beast''s "strike zone" as "politics, pop culture, and power". History ''The Daily Beast'' began publishing on October 6, 2008. Its founding editor was Tina Brown, a former editor of ''Vanity Fair'' and ''The New Yorker'' as well as the short-lived ''Talk'' magazine. The name of the site was taken from a fictional newspaper in Evelyn Waugh's novel ''Scoop''. In 2010, ''The Daily Beast'' merged with the magazine ''Newsweek'' creating a combined company, The Newsweek Daily Beast Company. The merger en ...
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White Plains, New York
(Always Faithful) , image_seal = WhitePlainsSeal.png , seal_link = , subdivision_type = List of sovereign states, Country , subdivision_name = , subdivision_type1 = U.S. state, State , subdivision_name1 = , subdivision_type2 = List of counties in New York, County , subdivision_name2 = Westchester County, New York, Westchester , government_type = mayor-council government, Mayor-Council , leader_title = Mayor , leader_name = Thomas Roach (American politician), Tom Roach (Democratic Party (United States), D) , leader_title1 = city council, Common Council , leader_name1 = , established_title = Settled , established_date = , established_title2 = Incorporated (village) , established_date2 = , established_title3 = Incorporated (city) , established_date3 = , area_magnitude = , area_to ...
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Digital Currency
Digital currency (digital money, electronic money or electronic currency) is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital currencies include cryptocurrency, virtual currency and central bank digital currency. Digital currency may be recorded on a distributed database on the internet, a centralized electronic computer database owned by a company or bank, within digital files or even on a stored-value card. Digital currencies exhibit properties similar to traditional currencies, but generally do not have a classical physical form of fiat currency historically that you can directly hold in your hand, like currencies with printed banknotes or minted coins - however they do have a physical form in an unclassical sense coming from the computer to computer and computer to human interactions and the information and processing power of the servers that store and keep ...
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Ellis Pinsky
Ellis Pinsky is an American technology entrepreneur and student at New York University (NYU). He gained notoriety at a young age for his alleged involvement in a high-profile cryptocurrency theft case. Controversy In 2020, when Pinsky was 15 years old, he was accused of masterminding a scheme to steal millions of dollars' worth of cryptocurrencies from the digital wallet of Michael Terpin, a prominent cryptocurrency investor. The scheme involved a social engineering technique known as the SIM swap scam A SIM swap scam (also known as port-out scam, SIM splitting, Smishing and simjacking, SIM swapping) is a type of Credit card fraud#Account takeover, account takeover fraud that generally targets a weakness in Multi-factor authentication, two-facto .... The case gained significant attention due to Pinsky's young age and the large amount of money involved. It raised questions about the security of digital assets and the challenges in regulating and prosecuting crimes in the rapidly e ...
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Irvington, New York
Irvington, sometimes known as Irvington-on-Hudson,Staff (ndg"The Irvington Gazette (Irvington-On-Hudson, N.Y.) 1907-1969"Library of Congress is a suburban village in the town of Greenburgh in Westchester County, New York, United States. It is located on the eastern bank of the Hudson River, north of midtown Manhattan in New York City, and is served by a station stop on the Metro-North Hudson Line. To the north of Irvington is the village of Tarrytown, to the south the village of Dobbs Ferry, and to the east unincorporated parts of Greenburgh, including East Irvington. Irvington includes within its boundaries the community of Ardsley-on-Hudson, which has its own ZIP code and Metro-North station, but which should not be confused with the nearby village of Ardsley. The population of Irvington at the 2020 census was 6,652. Because many of Irvington's residents – especially those in the upper income brackets – live in Irvington and work in New York City, the village h ...
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Irvington High School (New York)
Irvington High School (IHS) is a public high school in Irvington, New York, United States. It is part of the Irvington Union Free School District in Westchester County. Academics In 2021, Irvington High School's graduation rate was 98%. Of the school body, 96% are proficient in reading, and 95% are proficient in mathematics. Of seniors, 84% had taken at least one Advanced Placement exam, and 75% had passed at least one Advanced Placement exam. Student body In 2021, 71% of the student body was white, 11% was Asian, 7% was black, 7% was Hispanic, 4% was multiracial, and 1% was Native American. Rankings In 2015, '' U.S. News & World Report'' rated IHS as #32 in New York State, making it the ninth-best in Westchester. The next year it was ranked as #198 in the United States, and #35 in New York – which was the 10th best in Westchester – with a college readiness index of 70.3, and a student-teacher ratio of 12:1. Earlier that same year, 2016, Niche.com, a rating and ra ...
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Twitter
Twitter is an online social media and social networking service owned and operated by American company Twitter, Inc., on which users post and interact with 280-character-long messages known as "tweets". Registered users can post, like, and 'Reblogging, retweet' tweets, while unregistered users only have the ability to read public tweets. Users interact with Twitter through browser or mobile Frontend and backend, frontend software, or programmatically via its APIs. Twitter was created by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams (Internet entrepreneur), Evan Williams in March 2006 and launched in July of that year. Twitter, Inc. is based in San Francisco, California and has more than 25 offices around the world. , more than 100 million users posted 340 million tweets a day, and the service handled an average of 1.6 billion Web search query, search queries per day. In 2013, it was one of the ten List of most popular websites, most-visited websites and has been de ...
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Multi-factor Authentication
Multi-factor authentication (MFA; encompassing two-factor authentication, or 2FA, along with similar terms) is an electronic authentication method in which a user is granted access to a website or application only after successfully presenting two or more pieces of evidence (or factors) to an authentication mechanism: knowledge (something only the user knows), possession (something only the user has), and inherence (something only the user is). MFA protects user data—which may include personal identification or financial assets—from being accessed by an unauthorized third party that may have been able to discover, for example, a single password. A ''third-party authenticator'' (TPA) app enables two-factor authentication, usually by showing a randomly generated and frequently changing code to use for authentication. Factors Authentication takes place when someone tries to log into a computer resource (such as a network, device, or application). The resource requires the u ...
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Instagram
Instagram is a photo and video sharing social networking service owned by American company Meta Platforms. The app allows users to upload media that can be edited with filters and organized by hashtags and geographical tagging. Posts can be shared publicly or with preapproved followers. Users can browse other users' content by tag and location, view trending content, like photos, and follow other users to add their content to a personal feed. Instagram was originally distinguished by allowing content to be framed only in a square (1:1) aspect ratio of 640 pixels to match the display width of the iPhone at the time. In 2015, this restriction was eased with an increase to 1080 pixels. It also added messaging features, the ability to include multiple images or videos in a single post, and a Stories feature—similar to its main competitor Snapchat—which allowed users to post their content to a sequential feed, with each post accessible to others for 24 hours. As of Janu ...
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One-time Password
A one-time password (OTP), also known as a one-time PIN, one-time authorization code (OTAC) or dynamic password, is a password that is valid for only one login session or transaction, on a computer system or other digital device. OTPs avoid several shortcomings that are associated with traditional (static) password-based authentication; a number of implementations also incorporate two-factor authentication by ensuring that the one-time password requires access to ''something a person has'' (such as a small keyring fob device with the OTP calculator built into it, or a smartcard or specific cellphone) as well as ''something a person knows'' (such as a PIN). OTP generation algorithms typically make use of pseudorandomness or randomness to generate a shared key or seed, and cryptographic hash functions, which can be used to derive a value but are hard to reverse and therefore difficult for an attacker to obtain the data that was used for the hash. This is necessary because otherwise ...
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