Thieves drain 2fa-protected bank accounts by abusing SS7 routing protocol

Enlarge (credit: Raimond Spekking ) A known security hole in the networking protocol used by cellphone providers around the world played a key role in a recent string of attacks that drained bank customer accounts, according to a report published Wednesday. The unidentified attackers exploited weaknesses in Signalling System No. 7 , a telephony signaling language that more than 800 telecommunications companies around the world use to ensure their networks interoperate. SS7, as the protocol is known, makes it possible for a person in one country to send text messages to someone in another country. It also allows phone calls to go uninterrupted when the caller is traveling on a train. The same functionality can be used to eavesdrop on conversations, track geographic whereabouts, or intercept text messages. Security researchers demonstrated this dark side of SS7 last year when they stalked US Representative Ted Lieu using nothing more than his 10-digit cell phone number and access to an SS7 network. Read 6 remaining paragraphs | Comments

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Thieves drain 2fa-protected bank accounts by abusing SS7 routing protocol

Terabit fiber optic speeds just came closer to reality

Sure, researchers have been showing off terabit data speeds in fiber optics for years , but they’ve seldom been practical. That exotic technology may work over long distances, but it can quickly fall apart when you throw typical network loads in the mix. However, it’s about to become much more practical. Nokia Bell Labs, Deutsche Telekom and the Technical University of Munich have shown off 1Tbps data speeds in a field trial that involved “real conditions, ” with varying channel conditions and traffic levels. The secret was a new modulation technique, Probabilistic Constellation Shaping. Instead of using all the networking’s constellation points (the “alphabet of the transmission”) equally, like typical fiber, it prefers those points with lower amplitudes — the ones that are less susceptible to noise. That helps transmissions reach up to 30 percent further, since you can adapt the transmission rate to fit the channel. It’s so effective that the team got close to the theoretical peak data speeds possible for the fiber connection. You’re likely not going to see these terabit fiber lines in regular use for a while, since there’s a large gap between a field test and making commercially available lines. The timing might be ideal, mind you — 5G cellular data is just gathering momentum, and telecoms will need gobs of bandwidth to cope with the increased demands. A realistic 1Tbps fiber option would make sure that the internet’s wired backbones don’t collapse under the load. Via: FossBytes , ZDNet Source: TUM

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Terabit fiber optic speeds just came closer to reality