The world's largest SIM card manufacturer believes it was jointly hacked by U.S. and U.K. spy agencies. Gemalto, the world's largest manufacturer of SIM cards, said it believes it was jointly hacked by U.S. and U.K. spy agencies.
At the time of the attacks in 2010 and 2011, Gemalto was unable to identify the perpetrator, "but we now think that they could be related to the NSA and GCHQ."
However, the attack "could not have resulted in a massive theft," the company said in a statement.
Gemalto released on Wednesday the results of an internal investigation after media reports last week claimed the NSA and its U.K. counterpart hacked into the company to get hold of encryption keys that allowed access to SIM cards around the globe.
Related: Super-sneaky malware found in companies worldwide
The attacks breached Gemalto's office networks and attempted to intercept the encryption keys. But it ultimately failed, due to a secure transfer system Gemalto had in place.
Plus, the company said that even if the encryption keys had been stolen, the spy agencies would only have the ability to spy on communications over 2G mobile networks, as 3G and 4G networks "are not vulnerable to this type of attack."
Based in the Netherlands, Gemalto reportedly makes two billion SIM cards per year. Clients include AT&T, T-Mobile, Verizon, Sprint and about 450 other global telecom firms. It also makes chips for credit cards and works with more than 3,000 financial institutions.
Related: What we know about the bank hacking ring - and who's behind it
CNNMoney (Hong Kong) February 25, 2015: 4:42 AM ET
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