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Investigators have revealed that a teenager hacked into telecom companies and a financial institution to send millions of disguised phishing texts, stealing sensitive data. The individual, associated with an online terrorist network known as '764', is reportedly utilizing cybercrime techniques such as SIM swapping, IP grabbing, and social engineering, which are typically employed for financially motivated crimes. Law enforcement reports indicate that these tactics are now being used to commit violent crimes, including child sextortion, and are targeting victims as young as 10. Additionally, the stolen funds have been used to pay for student tuition, rent, utilities, and cellphone bills.
US intelligence reports: online terrorist network 764 is using techniques normally used for financial crimes, such as SIM swapping, to commit child sextortion (CyberScoop) https://t.co/VGEbXVY2E3 https://t.co/Yda6pkMHaY https://t.co/ZOzeer2dpR
A teenager hacked into telecom companies and a financial institution to send millions of disguised phishing texts to users and steal sensitive data. https://t.co/eVwitBka7E
🧵Exclusive to @CyberScoopNews: Law enforcement reports show that "The Com" is using cybercrime techniques such as SIM swapping and social engineering to commit violent crimes. These tactics are traditionally financially motivated but are now targeting victims as young as 10.