Erin West – Computer Security Articles

Massive Losses Define Epidemic of ‘Pig Butchering’

July 21, 2022 admin A Little Sunshine, chainalysis, courtney nolan, employment fraud, Erin West, FBI, ic3.gov, justin maile, Latest Warnings, pig butchering, REACT Task Force, The Coming Storm, vice news, Web Fraud 2.0, WhatsApp, xtb-market

Credit to Author: BrianKrebs| Date: Thu, 21 Jul 2022 16:35:28 +0000

U.S. state and federal investigators are being inundated with reports from people who’ve lost hundreds of thousands or millions of dollars in connection with a complex investment scam known as “pig butchering,” wherein people are lured by flirtatious strangers online into investing in cryptocurrency trading platforms that eventually seize any funds when victims try to cash out.

Independent Krebs

Busting SIM Swappers and SIM Swap Myths

November 6, 2018 admin A Little Sunshine, Caleb Tuttle, Christian Ferri, Erin West, John Rose, Latest Warnings, REACT Task Force, Samy Tarazi, SIM swap, T-Mobile, The Coming Storm, Web Fraud 2.0

Credit to Author: BrianKrebs| Date: Wed, 07 Nov 2018 05:49:37 +0000

KrebsOnSecurity recently had a chance to interview members of the REACT Task Force, a team of law enforcement officers and prosecutors based in Santa Clara, Calif. that has been tracking down individuals engaged in unauthorized “SIM swaps” — a complex form of mobile phone fraud that is often used to steal large amounts of cryptocurrencies and other items of value from victims. Snippets from that fascinating conversation are recounted below, and punctuated by accounts from a recent victim who lost more than $100,000 after his mobile phone number was hijacked.