Tag: SS7

Fraudsters using old SS7 and SMS flaws to steal from your bank account

Written by John C. Tanner on May 16, 2017 in Opinion with 0 Comments

ITEM: Cyber criminals are reportedly exploiting long-existing security flaws in the SS7 signaling network to hack SMS-based two-factor authentication for banking services and successfully steal money from their customers. That’s according to Motherboard, citing a report in a German newspaper: In short, the issue with SS7 is that the network believes whatever you tell it. SS7 […]

FCC studies SS7 security bugs after 60 Minutes report

Written by Reuters on April 21, 2016 in News with 0 Comments

(Reuters) – The U.S. Federal Communications Commission said on Wednesday it is studying mobile carriers’ use of decades-old communications technology with known security bugs after “60 Minutes” reported it could be remotely exploited to spy on callers. The CBS news program “60 Minutes” on Sunday showed German computer scientist Karsten Nohl remotely spy on a […]