My SIM swap attack: How I almost lost $71K, and how to prevent itby@sparkystacey
10,777 reads

My SIM swap attack: How I almost lost $71K, and how to prevent it

tldt arrow
Read on Terminal Reader
Read this story w/o Javascript

Too Long; Didn't Read

Stacey Schneider was a victim of SIM swapping, targeted along with dozens of other leaders in the blockchain community. She was stunned by the ease of the attack and how my normal security precautions failed. The thieves attempted to steal $71K by overdrawing funds from my Bank of America to Coinbase. Schneider says we must learn from failure — and we must socialize to do better in the future. So I am sharing what happened and what we can do better to prevent this kind of fraud.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - My SIM swap attack: How I almost lost $71K, and how to prevent it
Stacey Schneider HackerNoon profile picture

@sparkystacey

Stacey Schneider

Technical marketer with startup experience; co-founder of blockchain platform Provide Technologies.


Receive Stories from @sparkystacey

react to story with heart

RELATED STORIES

L O A D I N G
. . . comments & more!