Is your money safe? Bank hack could affect MILLIONS of customers around the world by intercepting two-step login verification codes

IMG_0258It was designed as a security measure to increase protection of internet users across the globe. But hackers have used a well-known security vulnerability in worldwide mobile telecoms networks to steal access codes to online bank accounts. The exploit could be used against any bank that uses two-step login verification, as well as high-profile websites like Facebook, Google and many others. And until money has come out of your bank account, or malicious messages have been sent on social media, you won’t know you’ve been hit. The attacks, first reported in Germany, are the first time that criminals have been able to exploit the Signal System 7 (SS7) to steal funds from bank accounts……Read More

Categories: Cyber threats- Cyber Attacks -Cyber agents, News

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