Wireless carriers including AT&T and South Africa’s Vodacom Group have faced a new threat, namely the illegal hacking of SIM cards.
Vodacom spokesman Richard Boorman, cited by online media outlet Business Week, has declared that in South Africa, criminals are hacking SIM cards of Vodacom customers whose bank accounts have also been compromised through other means, so they can intercept text alerts that banks send to verify transactions. That gives them cover to make several withdrawals without tipping off the account’s owner.
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