Security News > 2017 > May > Attackers exploited SS7 flaws to empty Germans’ bank accounts (Help Net Security)

Attackers exploited SS7 flaws to empty Germans’ bank accounts (Help Net Security)
2017-05-04 16:59

Cyber criminals have started exploiting a long-known security vulnerabilities in the SS7 protocols to bypass German banks’ two-factor authentication and drain their customers’ bank accounts. What is SS7 and what do these vulnerabilities allow? SS7 (Signaling System #7) is a set of telephony signaling protocols that are used by over 800 of telecoms around the world. It allows their customers to seamlessly connect to different telecom networks when travelling, and use their mobile phone in … More →


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