this is 100% true, If you are using a service like google voice for SMS, then this is technically a vulnerable service potentially. in addition even traditional services can have a vulnerability. Some social engineering, a new sim card activation, and poof you now have their SMS coming to your device for 2FA.

MS only uses the phone number to verify the device your 2FA app is installed on. once done then it uses an encrypted process. Google is even a touch more cryptic as their process is not automated, you have to scan a QR code or enter a string of digits to set the algorithm.
​​
"For now, services can continue with SMS as long as it isn’t via a service that virtualizes phone numbers — the risk of exposure and tampering there might be considered too great."

On Wed, Jul 27, 2016 at 8:06 AM, Eric Cope <eric.cope@gmail.com> wrote:
Given the SMS 2FA vs. standard password, it seems foolish to NOT use the SMS 2FA. There's no such thing as absolute security. SMS 2FA is more secure than the current alternatives. 

What am I missing?

On Wed, Jul 27, 2016 at 12:13 AM, der.hans <PLUGd@lufthans.com> wrote:
moin moin,

I've been recommending for years that web sites should not be given your
phone number for 2 factor authentication. First of all, they don't need
your phone number :). Secondly, it's not secure.

Now the NIST agrees.

https://techcrunch.com/2016/07/25/nist-declares-the-age-of-sms-based-2-factor-authentication-over/?ncid=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=sfgplus&sr_share=googleplus&%3Fncid=sfgplus

See also the following.

https://danielpocock.com/how-many-mobile-phone-accounts-will-be-hijacked-this-summer

If you're setting up a service to use 2FA, please do not include SMS as
one of the options.

ciao,

der.hans
--
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#  So much shiny, so little time. -- der.hans
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