The Metro Bank SMS authentication hack shows the risk of relying on ancient protocols for security

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SS7 is vulnerable but there's no replacement in sight
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SS7 is vulnerable but there's no replacement in sight

The SS7 telephony protocols date back to 1975 - much has changed since then as hackers know

We all know the drill: you are signing into your online banking and for some reason or another, the bank fails to recognise who you are - perhaps you are signing in from new device or you can't remember...

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