Chapter
Hacking and SIM Swapping
20:10 - 25:03 (04:53)
The podcast discusses how human engineering is used to trick people into giving up information which can lead to their devices being hacked, with SIM swapping being one of the most popular methods. The financial incentive for such attacks is huge, with a potential half a trillion dollars at stake.
Clips
The world of cryptocurrency is similar to a high stakes game in which the bigger the money involved, the bigger the incentive to cheat.
20:10 - 21:51 (01:41)
Summary
The world of cryptocurrency is similar to a high stakes game in which the bigger the money involved, the bigger the incentive to cheat. Hackers are eager to try to hack and corrupt others' wallets, as the potential reward for doing so is huge.
ChapterHacking and SIM Swapping
EpisodeSteph Smith On Anti-Cheat Businesses, Ethical Hackers, and 5 Business Ideas With High Demand & Low Supply
PodcastMy First Million
A woman wins a $200,000 bet in a high stakes poker game, causing her opponent's brain to break as he is shocked by her bluff.
21:51 - 22:56 (01:05)
Summary
A woman wins a $200,000 bet in a high stakes poker game, causing her opponent's brain to break as he is shocked by her bluff.
ChapterHacking and SIM Swapping
EpisodeSteph Smith On Anti-Cheat Businesses, Ethical Hackers, and 5 Business Ideas With High Demand & Low Supply
PodcastMy First Million
The commonality of SIM swapping as a form of hacking through social engineering techniques illustrated how hacking has less to do with computer engineering and more to do with tricking people into providing information.
22:56 - 25:03 (02:06)
Summary
The commonality of SIM swapping as a form of hacking through social engineering techniques illustrated how hacking has less to do with computer engineering and more to do with tricking people into providing information.