Last year I was invited to talk about Mobile Banking security and best practices. The event was organized and attended by BAIPHIL, a bankers association. The event was well attended and saw familiar faces during the event.
I discussed about using SMS in mobile banking. Although SMS is one great tool to use for Mobile Banking, I displayed that SMS is not quite secure if not properly implemented.
I demonstrated how I managed to change the SMS' originating mobile number to a different number, thus successfully faking a message. The same time, I discussed also the solution for this one.
Wednesday, January 21, 2009
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