Bad actors are exploiting an obscure technology found in telecommunications networks around the world to track mobile users and engage in fraud, and they could be costing carriers millions of dollars in lost revenues. The technology, called “SS7,” is a signal protocol developed in the 1970s for setting up phone calls. Compromise of the SS7 network can cause significant damage to the reputation and finances of carriers around the world, AdaptiveMobile noted in a statement released last week.
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Global Attacks on Mobile Networks Jeopardize Privacy, Profits
Posted by: John P. Mello Jr. October 21, 2015 02:19 PMBad actors are exploiting an obscure technology found in telecommunications networks around the world to track mobile users and engage in fraud, and they could be costing carriers millions of dollars in lost revenues. The technology, called “SS7,” is a signal protocol developed in the 1970s for setting up phone calls. Compromise of the SS7 network can cause significant damage to the reputation and finances of carriers around the world, AdaptiveMobile noted in a statement released last week.