In a press release published late last week, law firm Silver Miller announced that they are pursuing claims against AT&T, T-Mobile, and Verizon because of their involvement in a number of “SIM hacks.”
From the press release,
“Notwithstanding the carriers’ knowledge of the prevalence of SIM swapping and their assurances that they were protecting their customers, the carriers have failed to utilize adequate protections–regularly ignoring and deliberately bypassing their own security measures without regard for the ensuing harm that flows to their customers.”
Silver Miller is purporting to have uncovered evidence that “cellphone carrier representatives have intentionally bypassed security measures –even with regard to customers who supposedly have “enhanced security” on their accounts.”
Silver Miller is not publicly pursuing litigation on behalf of their clients. Instead, they have filed private, confidential arbitrations in order to protect their clients’ identities. They are navigating over 30 proceedings on behalf of clients and claim arbitration is less costly and burdensome, resulting in a quicker resolution.
David Silver, a securities fraud and investment loss attorney, of Silver Miller highlighted the persistent problem of SIM swapping in a recent tweet. The tweet includes a graphic that illustrates how the illegal SIM swapping process works
https://twitter.com/dcsilver/status/1195069637836361732
The above press release came just after news that US prosecutors charged two Massachusetts men with conducting SIM-swapping attacks to steal cryptocurrency. According to a press release issued by the U.S. Department of Justice late last week, two men were “charged in U.S. District Court in Boston with conducting an extensive scheme to take over victims’ social media accounts and steal their cryptocurrency using techniques such as “SIM swapping,” computer hacking and other methods.”
Silver Miller is a securities fraud and investment loss contingency-fee law firm with offices in Florida, Maryland, and Washington, D.C. They are urging cryptocurrency investors to contact them if they have lost cryptocurrency as a result of their cellphone carrier’s failed security protocols. Visit their website for more information.
Sources
https://news.cryptos.com/silver-miller-law-firm-pursuing-arbitration-against-cell-phone-carriers/