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At one time, cloning of cellular phones accounted for a large portion of cell fraud. sale of cloning hardware or software. A primary type of cell fraud is subscriber fraud. estimated that carriers lose more than $150 million per year due to subscriber fraud.
A researcher has finally figured out a way to hack into SIM cards, and he estimates that half of a billion phones are at risk. Annie explains how Karsten Nohl has discovered a way to hack into SIM cards and remotely access phones' locations, SMS, and payment information.Read more from Forbes: http://www.forbes.com/sites/parmyolso... Please Subscribe: http://www.youtube.com/subscription_c...Google+: http://gplus.to/techfeed.nnie explains how Karsten Nohl has discovered a way to hack into SIM cards and remotely access phones' locations, SMS, and payment information. Read more from Forbes: http://www.forbes.com/sites/parmyolso... Please Subscribe: http://www.youtube.com/subscription_c... Google+: http://gplus.to/techfeed.