10 Apr '12, 3pm

FBI Finds Smart Meter Hacking Surprisingly Easy: For some utilities, the switch to digital smart meters has en...

FBI Finds Smart Meter Hacking Surprisingly Easy: For some utilities, the switch to digital smart meters has en...

For some utilities, the switch to digital smart meters has ended decades of rampant electricity theft. But for at least one utility in Puerto Rico, smart meter hacking may have cost the utility hundreds of millions of dollars, according to the Federal Bureau of Investigation, as reported on the blog Krebs on Security. The security blog obtained a May 2010 cyber intelligence bulletin that said the incident is the first known report of criminals hacking into smart meters and that this is just the beginning of this type of activity. However, for most utilities, digital two-way meters will greatly reduce theft and reduce the pool of people that have the technological know-how to hack the meter. However, as Greentech Media noted around the time the FBI was looking into this issue, hacking is always going to happen . Smart meters will help to cut down on traditional theft, but t...

Full article: http://www.greentechmedia.com/articles/read/fbi-finds-sma...

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