Money trumps security in smart meter rollouts, experts say

Pat McMahon Contributor
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In a rush to take advantage of U.S. stimulus money, utilities are quickly deploying thousands of smart meters to homes each day–smart meters that experts say could easily be hacked.

The security weaknesses could potentially allow miscreants to snoop on customers and steal data, cut off power to buildings, and even cause widespread outages, according to a number of experts who have studied the meters and looked into smart grid systems. A new paper out of the University of Cambridge highlights privacy concerns from smart meters, as well as security risks caused by linking home-area networks, of which smart meters are an initial piece, to utilities.

“From a hardware perspective, cell phones today are more secure than many of the smart meters in deployment,” said Karsten Nohl, a security researcher based in Germany who has previously analyzed mobile phone and smart card security.

Full story: Money trumps security in smart meter rollouts, experts say | InSecurity Complex – CNET News