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Comment More FUD and shoddy security analysis (Score 2, Interesting) 224

Great, first it was IOActive frothing non-stop about smart meters, now we have Inguardians turning the froth up to 11. This whole smart grid security issue never addresses the probability of an attacker actually being able to carry out a serious attack in real life. The PDF talks about theoretical attacks. It describes possible weaknesses. It does not assign any probability or likelihood to those attacks. As such, this is faulty and misleading security work. Its the kind of FUD "security gurus" resort to when they want to scare people into buying their services. Notice that the PDF makes sure to advise users to buy services like pentesting and code review - which of course an Inguardians sales representative can sell you. Any decent security analysis MUST include consideration of probability. Risk (the most basic measure of security) is comprised of both impact and probability. Sure, breaking into a smart meter could be a catastrophic thing, thus a very high "impact" rating. However, if the probability of doing that in the wild is enormously low. Something like 0.000000001%. Then the risk of this actually happening is therefore very low. Until one of these “researchers” shows the real risks involved here, and not a bunch of theoretical and conceptual data, I remain unconvinced that there are serious problems with smart meters.
Power

Security Holes Found In "Smart" Meters 224

Hugh Pickens writes "In the US alone, more than 8 million smart meters, designed to help deliver electricity more efficiently and to measure power consumption in real time, have been deployed by electric utilities and nearly 60 million should be in place by 2020. Now the Associated Press reports that smart meters have security flaws that could let hackers tamper with the power grid, opening the door for attackers to jack up strangers' power bills, remotely turn someone else's power on and off, or even allow attackers to get into the utilities' computer networks to steal data or stage bigger attacks on the grid. Attacks could be pulled off by stealing meters — which can be situated outside of a home — and reprogramming them, or an attacker could sit near a home or business and wirelessly hack the meter from a laptop, according to Joshua Wright, a senior security analyst with InGuardians Inc, a vendor-independent consultant that performs penetration tests and security risk assessments."

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