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Cyber Security, Daily News, Fraud & Security, Identity, Mobile Payments, Risk & Compliance, SS7, SS7 security, SS7 security flaws -

Despite security experts warnings for years about security flaws around the SS7 (Signalling System 7), a protocol used by mobile networks to communicate with each other- hackers have finally accessed a back door and stolen money from German bank accounts. O2-Telefonica in Germany has confirmed to Süddeutsche Zeitung that some of its customers have had their bank accounts drained [...]

The post Hackers exploit SS7 security flaws to access German bank accounts appeared first on Payments Cards & Mobile.

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Cyber Security, Daily News, encryption, Fraud & Security, Identity, Mobile Banking, Mobile Payments, Mobile Remittance, Mobile Wallet, Signalling System 7, SS7, WhatsApp -

There’s been a lot of discussion in the media recently about the privacy of calls and messages sent via mobile phones, with some commentators advocating apps like WhatsApp as the answer. While it is true that messages, and now calls, made using WhatsApp are encrypted and therefore should be secure, in fact, there are still [...]

The post What’s up with WhatsApp? Why it’s not as secure as you thought appeared first on Payments Cards & Mobile.

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