Criminals pay top money for hackable Nokia phone

From IDG News (Jeremy Kirk)

Criminals are willing to pay thousands of euros for a discontinued Nokia mobile phone with a software problem that can be exploited to hack into online bank accounts [cio.com], according to a fraud investigator in the Netherlands.

About 10 days ago, investigators observed someone transfer €25,000 (US$32,413) for a Nokia 1100 phone, said Frank Engelsman of Ultrascan Advanced Global Investigations. The candy-bar style phone is one of Nokia’s all-time best-selling models, and originally sold for under €100. Read the full story [cio.com]

From IDG News (Jeremy Kirk)

Criminals are willing to pay thousands of euros for a discontinued Nokia mobile phone with a software problem that can be exploited to hack into online bank accounts [cio.com], according to a fraud investigator in the Netherlands.

About 10 days ago, investigators observed someone transfer €25,000 (US$32,413) for a Nokia 1100 phone, said Frank Engelsman of Ultrascan Advanced Global Investigations. The candy-bar style phone is one of Nokia’s all-time best-selling models, and originally sold for under €100. Read the full story [cio.com]

 

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