ZachXBT: SIM swapping fraud needs stricter penalties, juvenile offenders are punished too lightly

Odaily Planet Daily News Chain Detective ZachXBT posted on the X platform that SIM card swapping and social engineering fraud require more severe punishments. The laws in Canada and the European Union are very loose, so threat actors can get away with a lot of punishment. Many of them are minors, which allows them to get away with more punishment, and their detailed information is also protected (that's why I publish their full names regardless of their age). In 2020, 17-year-old Canadian Cameron Redman helped SIM card swap attacks to get $37 million. His full name or photo was never mentioned on the Internet until he was involved in phishing.