News & events

SS7’ breaches is used to steal money from bank accounts

May 09, 2017

Security researchers have been warning for years about critical security holes in the Signaling System 7 (SS7) that could allow hackers to enter SMS codes. The attacks, first reported in Germany, are the first time that criminals have been able to exploit the SS7 flaws to intercept two-factor authentication codes …
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NIST: SMS Authentication is not Secure.

January 09, 2017

Towards the end of July 2016, the National Institute of Standards and Technology (NIST) started the process of deprecating the use of SMS-based out-of-band authentication. Updated guidelines stated that SMS-based two-factor authentication is not secure and should be banned. It is not only insecure but also inconvenient for users, we …
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