Europol busts up two SIM-swapping hacking rings

After months-long, cross-border investigations, Europol announced on Friday that it’s arrested more than two dozen people suspected of draining bank accounts by hijacking victims’ phone numbers via SIM-swap fraud. Following a ramp-up in SIM-jacking over recent months, police across Europe have been gearing up to dismantle criminal networks that organize these attacks, Europol says.

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