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Investigators demonstrate Nokia 1100's criminal potential
In case you weren't already convinced of a certain model of Nokia 1100's hackability by the exponential surge in its aftermarket value, fraud investigation firm Ultrascan has successfully recreated a virtual bank heist by reprogramming one of the devices to receive another phone number's text messages. Using this trick, shady characters in fancy suits can get your mobile transaction authentication number -- provided you live in a country like Germany or Holland that use mTANs -- and use it to get into your bank account and transfer funds. They'd also need your account name and password, mind you, but obtaining that data isn't nearly as complex when there's plenty of people clicking on the wrong emails and signing into fake website with all those deets and the associated digits. It all sounds a bit like the stuff of crime novels, doesn't it? And before you go running to eBay with that 1100 you stashed away in a drawer years ago, please note that it only works if the candybar was produced at a very specific plant in Bochum, Germany.
Nokia 1100 seemingly hackable, making a big comeback
Apparently some shady hackers and cyber-criminals have recently started offering upwards of $30,000 for the Nokia 1100 which were manufactured at a specific plant in Bochum, Germany. You may ask yourself, "why?" Well, beyond the obvious answer (style), certain makes of the super-popular handset can apparently be reprogrammed to use someone else's phone number, allowing them to receive text messaged bank passwords (common in parts of Europe), thus making it much, much easier to steal people's money. The software flaw has been pointed out by Ultrascan Advance Global Investigations, who were contacted by police who had noted the curiously high offering prices on the old-timey candybar. Nokia has contended that it has not identified any software problems which would allow such use, so it's hard to say what exactly is going on at this point, but we'll let you know if we hear anything concrete.[Via SlashGear]
