How an engineer at a crypto-security startup lost $100K in a SIM-swapping hack


Nobody is immune to SIM-swapping attacks – and one engineering lead at a cryptocurrency security startup had to learn this lesson the hard way. In a blog post, Sean Coonce, engineering manager at security-oriented cryptocurrency startup BitGo, has detailed how he lost $100,000 in an unfortunate SIM-swapping hack, which saw his entire Coinbase balance drained. It all began on a Tuesday night, when Coonce noticed that his phone didn’t have any cellular service. Moments later, he received a notification that someone is trying to log into his Google Account. He tried entering his password to no avail; ultimately, he decided…

This story continues at The Next Web

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