Well-Known Signaling System 7 Protocol Flaws Exploited in Germany
Hackers have reportedly exploited the SS7 mobile telecommunications signaling protocol to drain money from online bank accounts used by O2 mobile phone subscribers. Despite rising security worries relating to SS7, many telcos have yet to explore related fixes.
Source: inforisktoday.com – Ciber Security
Bank Account Hackers Used SS7 to Intercept Security Codes