In a follow up to the hijacking of the SEC's twitter account.
"The U.S. Securities and Exchange Commission confirmed that the hijacking of its X (Twitter) account was the result of a SIM swapping hack.
Hackers briefly gained control of the account on Jan. 9, posting a fake (or at least premature) announcement that the commission had approved Bitcoin futures exchange-traded funds (ETFs).
After the post, Bitcoin surged to a 19-month high before dropping nearly 6% after SEC staff used Chair Gary Gensler’s X account to break the news that the ETF announcement was bogus. Later the same week, however, the SEC did approve 11 ETF funds.
Immediately after the account takeover, security experts suspected a SIM swapping scam, especially after the SEC revealed that the unauthorized party had gained access “by obtaining control over the phone number associated with the account."
But it wasn’t until a Jan. 22 update on the incident that the commission confirmed a SIM swap attack was the apparent cause.
The SEC’s latest update also revealed multi-factor authentication (MFA), which would likely have prevented the hack, had been disabled on the account for several months.
“Two days after the incident, in consultation with the SEC’s telecom carrier, the SEC determined that the unauthorized party obtained control of the SEC cell phone number associated with the account in an apparent ‘SIM swap’ attack,” an SEC spokesperson said."
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President at Wilke Enterprises, Inc.
1moYou had better change your technical support....I have been a member of Robinhood since May of 2021....suddenly on June 5, 2024, I cannot login to my account. I have sent an email every day about this, except for two technicians that called me, there has been only canned script emails sent to me that i logon then upload photos and selfies of myself....that is the whole issue, I CANNOT LOGIN at all, i go through all the steps and it comes back and says that I cannot be verified. I spent 1 hour and 15 minutes on the phone wilth Elsa today. She repeated the same things that I have done over and over and over, of logging in then uploading drivers license photos, then suddenly i got disconnected...extremely poor technical support. No one wants to help me get back into my account, just want to read from a script and that it is my fault. I have tried logging in from seven (yes SEVEN) different computers and have uninstalled then reinstalled your app at least eight times since June 5th, but always get the same cannot verify me when I try to logon.........extremely poor technical support, I guess if I don't get this fixed by your technical support I will have to contact the Better Business Bureau!!!!!!