SIM Card Switch Breaks Two-Factor Authentication

By Robert Vamosi | 1/22/13 10:26 PM

Banks often use out-of-band authentication (that is confirming the access of someone online or at an ATM by texting a temporary PIN code to their mobile device), but criminals in India have found away to outsmart that.

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High-Tech Traffic Lights Prove Valuable to Thieves

By JDavis | 1/7/11 7:02 AM

Thieves in Johannesburg, South Africa have been racking up thousands in unauthorized charges by making phone calls using stolen SIM cards. But these aren't pick-pockets swiping cell phones from unsuspecting victims. These SIM cards come from a much less expected source--wireless traffic lights.

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