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A U.S. congressman is again calling for the FCC and telecom industry to fix a security flaw in the Signalling System No. 7 (SS7) that is allowing hackers to bypass two-factor authentication and wipe out bank accounts.
The issue was again brought to light when European carrier O2-Telefonica reported that some of its customers had been hit with attacks taking advantage of the SS7 vulnerability resulting in money being removed from their bank accounts.
Tax Refunds Have Hackers Working Hard For Your Money
Hackers have taken advantage of a known security vulnerability in mobile networks that allowed them to intercept two-factor authentication messages to hijack user login information and drain bank accounts.
We've known for years that a key protocol that allows global cellular networks to communicate with each other had vulnerabilities -- and nobody really took it that seriously.
FOR IMMEDIATE RELEASE
Washington - House Foreign Affairs Committee Chairman Ed Royce (R-CA) and Rep. Ted Lieu (D-CA) introduced today the Chinese American World War II Congressional Gold Medal Act (H.R. 2358). The bipartisan legislation recognizes the dedicated service of Chinese American veterans of World War II and collectively awards them the Congressional Gold Medal.
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Washington – Today, Congressman Ted W. Lieu (D | Los Angeles County) issued the following statement regarding the news that hackers have used the SS7 vulnerability in the global mobile network to drain bank customer accounts.
FOR IMMEDIATE RELEASE
Washington – Today, Congressman Ted W. Lieu (D | Los Angeles County) issued the following statement regarding the disturbing and provocative moves recently made by the Trump Administration regarding North Korea.
A recent airstrike by the U.S.-led coalition in Iraq is believed to have caused more than 270 civilian deaths, a tragedy that provoked an international outpouring of grief and outrage.
But the uproar over the March 17 deaths in the Jadidah neighborhood of Mosul masks a grim reality: Hundreds, and perhaps thousands, of other civilians have died in hundreds of airstrikes in Iraq and Syria during the war against Islamic State, and it appears likely that the vast majority of those deaths were never investigated by the U.S. military or its coalition partners.
On the way to this week's visit to Saudi Arabia, Secretary of Defense James Mattis was asked what the Trump administration would do to bolster its ally in the war in Yemen.
His answer was surprising.
Democrats are warning that President Donald Trump has a credibility problem as his administration grapples with the prospect of a new North Korean nuclear test.
They're pointing to the miscommunication over the aircraft carrier USS Carl Vinson and accusing the Trump administration of lacking any strategy for responding to North Korea.