SEC Blames SIM Swapping Attack for Breach of Its Account on X

The Securities and Exchange Commission has linked a SIM swapping attack to its account breach on X earlier this month, which led to the creation of a fake post announcing approval of Bitcoin ETFs that caused the cryptocurrency’s price to spike. In an update, the SEC says an “unauthorized party obtained control of the SEC cell phone number associated with the account in an apparent ‘SIM swap’ attack.”

• Read the article: The Verge