CRYPTO 101

Ep. 671 Sim Swap Protection with Efani: How to Keep Your Crypto Safe!

Aug 12, 2025
Mark Kreitzman, General Manager of Efani and a cybersecurity veteran, shares his journey into the world of SIM swap protection after experiencing a personal hacking incident. He delves into the vulnerabilities of traditional mobile carriers and the alarming rise of SIM swapping, particularly affecting cryptocurrency users. Mark highlights innovative solutions Efani offers, including an insurance policy and strategies for securing digital assets. The conversation emphasizes the importance of proactive measures in safeguarding personal data and enhancing mobile security.
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ANECDOTE

Founding Born From Personal Hack

  • Mark Kreitzman got SIM swapped while driving in the desert and lost access to multiple accounts instantly.
  • That personal hack drove him to join Afani to solve SIM swap attacks for others.
INSIGHT

Carrier Infrastructure Creates Attack Surface

  • Carriers provide amazing connectivity but have many operational holes that insiders exploit.
  • Independent phone stores and large call centers create attack surfaces for SIM swap fraud.
ADVICE

Separate Emails For High-Risk Accounts

  • Avoid using the same email across exchanges, banks, and public sites to reduce attack surface.
  • Spread credentials and use separate emails so hackers can't prep password resets and target you for SIM swapping.
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