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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

Oysters, reefs, and swamps protect billions' worth of real estate for free

2013-07-21 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Desk: Among the hundreds of recommendations listed in Mayor Michael Bloomberg`s $20 billion plan to protect New York from climate change is a call to stock up on oysters. Not the kind you`d want to knock back with a nice pilsner on a Friday afternoon: The idea is to build large underwater oyster reefs around the harbor that could prevent coastal erosion and absorb storm surges. "Soft" infrastructure like this--reefs, wetlands, dunes, and other "natural" systems--is gaining in popularity over "hard" levees...

Tags: for free real estate

Exclusive: How one West African gas deal makes BG Group billions

2013-07-12 20:39:25| Oil & Gas - Topix.net

In signing up to buy all of Equatorial Guinea's liquefied natural gas for 17 years, Britain's BG Group now oil majors will have to share more of the wealth."

Tags: group west makes deal