Nokia 1110 Hacked to Steal Money

Nokia 1110, a low end candy bar phone is offered more than $ 30,000 in Europe. Apparently its not all Nokia 1110 but a specific handset which was manufactured at a specific plant in Bochum, Germany. Wanna know why ? Well, in Europe where mobile banking is common and bank only require a given password to do transaction, a reprogrammed Nokia 1110 is used by some criminals to intercept the password .
The specific Nokia 1110 is reprogrammed using victims phone number and make it receive the password, this make the criminal capable to steals victim’s money easily.
Nokia itseld deny such software problem but lets see…
[source]
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