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Finnish Bank Break-In with Open Home Wi-Fi
Hackers Get More Sophisticated

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Category: security

August 20, 2005

Finnish Bank Break-In with Open Home Wi-Fi

By Glenn Fleishman

The stories keep mounting about misuse of home Wi-Fi networks: Turn on the WPA, people, if you don’t want Finnish police searching your home when your open Wi-Fi network (or one protected by WEP with folks running free software to easily crack the encryption key) is used to conduct bank fraud.

The Finns are clever, and found the MAC address of the laptop used to transfer money from GE Money’s bank account to another corporate account. The address was recorded in the ADSL modem, and police tracked the MAC address to a GE Money laptop. The company’s chief security officer hasn’t been charged yet, but is alleged to have been behind the crime.

Posted by Glennf at 1:18 AM | Comments (0) | TrackBack

March 31, 2005

Hackers Get More Sophisticated

By Nancy Gohring

AirDefense, a wireless security company, found some disturbing hacker activity at the CeBit trade show: AirDefense often monitors activity on WLANs at trade shows and then reports on what it finds. At CeBit, it appeared that hackers were targeting specific companies in an effort to, for example, shut down their access point to prevent exhibitors from demonstrating products. One very simple way to help avoid being targeted is for companies to choose a name for the access point that won’t easily identify the company. AirDefense also suspected that hackers were potentially competing against each other to see who could disconnect the most Wi-Fi users using denial of service attacks. If there is an upside to the activity AirDefense found, it’s that the hackers seemed less interested in stealing information that was being transmitted.

Posted by nancyg at 1:10 PM | Comments (0) | TrackBack