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The humble SIM card has finally been hacked: Billions of phones at risk of data theft, premium rate scams

2013-07-22 14:53:02| Extremetech

It took a long time, but the humble SIM card that sits within your phone, and seven billion others, has finally been hacked. Of the seven billion modern SIM cards in circulation, hundreds of millions are estimated to be susceptible. The hacks allow a would-be attacker to infect your SIM with a virus that sends premium text messages, or records your phone calls -- and, in some cases, access the secure, sandboxed details stored on your SIM by mobile payment apps, giving a hacker access to your bank and credit card details. Now that a proof of concept has been demonstrated, we wouldn't be surprised if billions of other SIM cards are also vulnerable to other attack vectors.

Tags: data rate card premium

Execs of British drug maker GlaxoSmithKline admit graft and tax scams, China says

2013-07-11 23:06:26| Biotech - Topix.net

China's police ministry accused executives of British pharmaceutical giant GlaxoSmithKline of conducting a large and long-running bribery campaign to persuade doctors to prescribe its drugs.

Tags: china says tax british

Watch scams among con comebacks

2013-06-20 01:00:02| BBC News | Business | UK Edition

Rogue traders are reprising old scams but with a digital twist to target people whose budgets are squeezed, says trading standards.

Tags: con watch scams

RecordAccount.com is Poised to Use Social Media to Fight Real Estate Scams

2013-05-29 10:24:43| Real Estate - Topix.net

RecordAccount.com is Poised to Use Social Media to Fight Real Estate Scams RecordAccount.com is going to use their social media platforms to educate people about real estate scams, the company announced yesterday."There are more and more scam artists entering the real estate industry," said Karmen Jones, the Customer Service Manager.The company ... (more)

Tags: real media social estate