“The SIM swap assault on FriendTech customers is a good reminder of the significance of sturdy safety measures, particularly for accounts containing invaluable digital property,” mentioned Eran Karpen, Co-Founder and CTO at Unplugged, in a message to CoinDesk. “SMS, a know-how developed within the Nineteen Eighties, is comparatively easy and weak to assault. Within the FriendTech case, the cell carriers had been the assault vectors and had been tricked into redirecting your cellphone quantity to a SIM card they managed. Two-factor authentication (2FA) with an authenticator app, somewhat than SMS, authenticates on the gadget, not the cell provider, and might mitigate the assault.”