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Transcripts For DW Shift - Living In The Digital Age 20180110

Ten minutes thats all it takes him to hack the app now he can manipulate any Bank Transaction luckily this is just a demonstration of the Chaos Communication Congress been sent. Thirty one apps using the same piece of software. That generate the transaction authentication and back on the same device. Concept so years ago we proved it was fundamentally risky but the banks dismissed it saying it was only possible under certain controlled conditions thats what we wanted to address we wanted to prove it could be automated and that it could realistically be exploited on a large scale. You. Can see that the banks made his hacking like easy they all use the same Security Software claim on shield developed by a norwegian i. T. Company with the help of a colleague fence and created some. Able to subvert it. Is understand understand this is work you go to the official app store and download on demo it looks like a real like a picture gallery to scroll through but really its malware but deactivat

Transcripts For DW Shift - Living In The Digital Age 20180108

Editing on your phone and a flying spaghetti monster but first risky banking making transactions smartphone is convenient but many banking apps are on safe thanks but from the Computer Chaos Club show why of the largest hack a convention worldwide. Ten minutes thats all it takes him to hack the app now he can manipulate any Bank Transaction luckily this is just a demonstration of the Chaos Communication Congress since sent. Thirty one apps using the same piece of software he targets apps that generate the transaction authentication number or turn on the same device whats why on the concept as you years ago we proved it was fundamentally risky but the banks dismissed it saying it was only possible under certain controlled conditions thats what we wanted to address we wanted to prove it could be automated and that it could realistically be exploited on a large scale. The banks made his hacking work easy they all use the same Security Software shield developed by a norwegian i. T. Company

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