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Wireless Devices Increase Hacker Risk
Tuesday, 18 May 2004, 18:02 GMT
Banks, financial institutions and other large businesses are running a continual risk of confidential data being intercepted because their corporate network is being compromised by portable devices. Security experts conducting controlled "friendly attacks" on wireless networks have intercepted sensitive data from 66% of banks, 60% of financial services institutions, 79% of technology companies and 100% of the educational institutions tested. Once the "portable hackers" had hooked onto those networks, they could also read and manipulate all incoming and outgoing e-mail.
The attacks were carried out by wireless security specialist Red-M, which picked on 100 companies in London, Johannesburg and other major cities.
"These banks are sharing confidential customer information with anyone who cares to tune in to their airwaves," Red-M CEO Karl Feilder said yesterday.
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