Here's the primary bit the article says about implications:
"The two-part flaw, based on an old security standard and badly configured code, could allow hackers to remotely infect a SIM with a virus that sends premium text messages (draining a mobile phone bill), surreptitiously re-direct and record calls, and —with the right combination of bugs —carry out payment system fraud."
I actually went ahead and read it, and it's extremely obscure.
I'm asking just in case someone has a better source.
This is basically all the detail about the actual flaw in the article:
"In his study, Nohl says just under a quarter of all the SIM cards he tested could be hacked, but given that encryption standards vary widely between countries, he estimates an eighth of the world’s SIM cards could be vulnerable, or about half a billion mobile devices."
"his team tested close to 1,000 SIM cards for vulnerabilities, exploited by simply sending a hidden SMS. The two-part flaw, based on an old security standard and badly configured code, could allow hackers to remotely infect a SIM with a virus that sends premium text messages (draining a mobile phone bill), surreptitiously re-direct and record calls, and — with the right combination of bugs — carry out payment system fraud."
Seems like it would only affect a very specific subset of mobile phones.
I prefer to save advertisers money by blocking ads which I am not clikcing anyway.
Truth to be told, I did not bother to install ad blocker, but would feel no guilt if I did, for the reason above.
Can't stand Forbes and their over the top ads, tldr would be appreciated.