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Another nail for SMS authentication

by admin — posted on Apr 21, 2009 02:01 PM — last modified Apr 21, 2009 02:01 PM —

You can't secure what you don't control.

Now that European banks are using SMS messaging for authentication, criminals are paying top dollar for used Nokia phones that can be reprogrammed due to a bug to work with any phone number.  We've discussed why SMS authentication is a bad idea before.  Here's more evidence.

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