Criminals use 📱 to steal digital lives WSJ
Keep you head on a swivel bitcoiners.
As the fiat economy implodes crime will go exponential
Discussion
Couple ways to prevent this.
Use a long pass phrase instead of a 4-6 digit pin on your device.
Use a secure password for iCloud.
Never hand anyone your phone ever.
Set up iCloud encryption with security keys.
Oh and if you’re a Bitcoiner obviously don’t keep any bitcoin on your goddamn phone. Kinda goes without saying though lol
Apparently there are well organized gangs in NYC who befriend people online or in bars just to get the passcode then steal your iphone
Was surprised to hear this is so widespread in the WSJ article
I have a friend who pen tests people near him in real life for fun and then discloses to them how terrible their security is. He has an extremely high hit rate.
As a pentester, hacking the average person is trivial work unfortunately. Social engineering is nearly 100% success rate vs a purely technical method.
I guess it makes sense when most people really don’t have much that’s worth protecting.
That is why they target those well dressed and at higher end bars
They are creating target packages for people they know they can change the apple ID and get an easy $10,000
Criminals have now a playbook for the honey pot in every millennial who in face deep in their iphone at clubs, bars, and restaurants
Plus don’t use “pura vida” as your password
Or use a duress wallet. But yeah street smarts are key