Wednesday, April 11, 2012

FBI Warns Smart Meter Hacking May Cost Utility Companies $400 Million A Year

"The FBI has seen an increase of smart meter hacks which allow consumers to reduced power bills by 50-75%. Crazy hacking skills are not required and can be accomplished by using a magnet to fake readings or hiring hackers to attack smart meters. The FBI warned the cost of smart meter fraud may cost utility companies $400 million per year."

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