Flaw in SS7 telecoms protocol exploited by cybercriminals to steal money from bank accounts

Sooraj Shah
clock •
Flaws in SS7 protocol have been known about for decades
Image:

Flaws in SS7 protocol have been known about for decades

Attack requires access to a telecom operator's network - O2 in Germany exploited

Security flaws in a globally used telecoms protocol have been exploited to steal money from targets' bank accounts.  Cybercriminals have been exploiting flaws in Signalling System No. 7 (SS7), a...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

Sooraj Shah
Author spotlight

Sooraj Shah

View profile
More from Sooraj Shah

Sporting Group CTO on selecting Sumo Logic over Splunk, and Google over AWS

Formula 1 talks up use of AWS AI for TV in 2019

More on Security

Have a plan for recovery, and then have a backup plan for when the first falls through
Security

Identify your "vital ground" or your cyber effort is wasted

And the road to recovery is to plan, plan and plan again

Tom Allen
Tom Allen
clock 16 June 2022 • 3 min read
Cyber weapons are fast, cheap, remote and hard to trace
Security

In modern war, we have as much to fear from cyber weapons as kinetics

The physical world is past the point of no return when it comes to dependence on technology, says Ian Hill

Tom Allen
Tom Allen
clock 16 June 2022 • 3 min read
Ransomware gang deploys BlackCat to attack hotel and creates searchable website of hacked data
Security

Ransomware gang deploys BlackCat to attack hotel and creates searchable website of hacked data

Cyber-criminal groups have recently ramped up their use of Ransomware-as-a-Service (RaaS) BlackCat/ALPHA-V, first identified by security researchers in November 2021, and upped the ante by publishing the hacked data on a dedicated website.

Penny Horwood
clock 15 June 2022 • 1 min read