This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

How (M)Secure Are You?

LONDON, April 30, 2013 /PRNewswire/ -- According to a research conducted by CS Networks, a global provider of mobile security and messaging products, modern technology is facing dramatic security concerns in the approaches of two-step verification, especially the phone call-based one. Results are pointing to a serious exploit. "Your calls may be forwarded at any time without your knowledge."

Recent technology developments have resulted in the merging of legacy SS7 telephone network and Internet in a bid to cut down the expenses incurred by mobile operators. There is an industry-wide adoption of those hybrid products. However, a lack of access control in the legacy network protocols that are now exposed to attacks via internet may come with a price.

According to the tests performed, more than 60% of randomly selected mobile operators are prone to unauthorized call forwarding. An attacker can easily get all the information needed, such as a customer's SIM Card IMSI, to authorize himself on the network and send a specially crafted packet activating the card forwarding service with a destination number of his choice.

In practice, an attacker with the knowledge of the customer's valid phone number can easily click on "Forgot Password" button and wait for the password reset call confirmation PIN. - It's simple as that, according to Stefan Certic, Chief Technologies Officer of CS Networks.

In a recent research paper - The Future of Mobile Security, Stefan is describing (M)Secure, a next-generation two-step authentication product relying on a patent pending call forwarding indication technology. "The goal is to prevent bad guys from stealing your sensitive data by disabling a call to an active call forwarding subscriber."

Company executives are inviting all interested service providers to a quick demonstration of the security exploit.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,001.22 -38.27 -0.22%
S&P 500 1,988.40 -3.97 -0.20%
NASDAQ 4,538.5510 +6.4470 0.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs