Wednesday, August 23, 2017

Cell phone numbers get stolen to empty virtual wallets

The New York Times reports on thefts of phone numbers by people calling major telecom providers and finding vulnerable agents. 

The usual targets are people with large virtual wallet accounts, often in digital currency, who have talked about it in social media. 

It seems as once virtual money is stolen this way, it cannot be recovered, as it usually can for a little while with a bank account.

There are proposals that virtual wallet transactions need more time delay.

The New York Times has a story Tuesday by Nathaniel Popper, here 

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