Gary Gensler Hack: What Happened and How It Could Have Been Prevented
Cyberattack involving Gary Gensler, the Chairman of the Securities and Exchange Commission (SEC), sent shockwaves through the financial world. The attack, which has since been labeled the Gary Gensler Hack, demonstrated how even the most prominent and influential figures are vulnerable to cyber threats. This breach not only compromised Gensler's personal information but also led to the manipulation of the stock market, causing widespread disruption.
The hack began with a SIM swap, a technique that has become a growing concern in the realm of cybersecurity. In this method, hackers managed to deceive Gensler’s mobile carrier into transferring control of his phone number to a SIM card they controlled. With access to his phone number, the attackers were able to intercept two-factor auth...