Motherboard posted a well-researched piece recently on hackers who have been exploiting the SS7 protocol in telco networks to pillage bank accounts in the UK
"As someone who advises banks on mobile biometric authentication, I can attest to the article's accuracy. The writer not only got the facts straight, he did a masterful job of conveying the attitudes of the institutions involved. Reading between the lines of their terse statements, I saw the usual surprise, chagrin and feelings of 'why us?'
But in fairness, defending a bank, healthcare organization, online retail business, etc. against determined and capable hackers is difficult. At best, it's a running battle. We will continue to see occasional setbacks..."
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