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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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