Follow Slashdot blog updates by subscribing to our blog RSS feed


Forgot your password?
Slashdot Deals: Deal of the Day - Pay What You Want for the Learn to Code Bundle, includes AngularJS, Python, HTML5, Ruby, and more. ×
Crime Security The Almighty Buck IT

Researchers Demo Hack Against African Micro-Finance Accounts 52

mask.of.sanity writes "Security researchers have shown how to raid Africa micro-finance bank accounts en masse using fake audio one time passwords. The banks use audio one-time passwords to authenticate users logging into their accounts, but failed to implement properly security controls across numerous systems. Crucially, the researchers did not reveal how they cracked the encryption in order to protect users."
This discussion has been archived. No new comments can be posted.

Researchers Demo Hack Against African Micro-Finance Accounts

Comments Filter:

We're here to give you a computer, not a religion. - attributed to Bob Pariseau, at the introduction of the Amiga