Hackers are using phone numbers to gain access to victims ' e - wallets . By phoning banks and duping anonymous agents into transferring control of a victim 's phone number to their account , hackers are able to reset passwords on any account that uses a phone number as a security backup . Hackers target those who reveal that they sell virtual currencies on social media and direct investors to virtual currency accounts . Bitcoin ##base Coinbase has advised users disconnect their mobile phones from their Coinbase accounts .
Hackers are stealing phone numbers to gain access to victims' e-wallets. By phoning banks and duping call agents into transferring control of a victim's phone number to their device, hackers are able to reset passwords on any account that uses a phone number as a security backup. Hackers target those who reveal that they own virtual currencies on social media and known investors to virtual currency companies. Bitcoin wallet Coinbase has advised customers disconnect their mobile phones from their Coinbase accounts.