12 September 2019

190912 Latest attack vector on digital payment systems

190912 Latest attack vector on digital payment systems

Sweden's top military and intelligence community considers Russia as main and closest military and national threat.
The contemporan history of Russian submarines "visit" to Sweden's waters is well-known.
As well as Sweden's preoccupation for Russian military presence in Baltic Sea.

If all above elements were not enough, Russia's latest Orlan drones included in the Leer-3 electronic warfare complex, should be a nightmare.
Why?

Leer-3 electronic warfare system can:
- jam cell phone base stations and act as their substitute.
- can monitor all incoming and outgoing traffic of cell phone stations.
- can remotely plug-in into the base stations and intercept their data flow.

Concrete implications:
- total disruption of Sweden's digital payment systems: almost all payment terminals are using the mobile network and cell-phone base stations
- total disruption of all Bankomat stations, hence no one in Sweden will be able to access own banking account and dispose of own money/cash
- localization and neutralization of any person in Sweden owing a mobile phone, even if phone is closed

In the light of these news, just wonder once again if Riksbanken plans for a so-called "e-krona" is realistic or just "inconscience".

At least, no one yet in Sweden tries or plans to drop the physical Swedish National ID-Card (ID-card, or Driving licence, or Company ID-Card) and replace it with a "mobile phone + Swedish Digital bank-ID".

However, many software developers still "dream" of e-kronan, unhackable and functionally even during military conflicts.
Still a dream imho, because even in near future, no economically sustainable mobile device can be bought by ordinary people.
Actual military communication systems are far too expensive to be accessible in portable form to ordinary citizens.
Forget any crypto system working on a mobile network.

previous reference:
181107 - Swedish Digital Bank-ID hacked again - How secure is e-krona - open letter to the Swedish State:
https://zenosloim.blogspot.com/2018/11/181107-swedish-digital-bank-id-hacked.html

Just "Google" for Orlan Leer-3, and you wil find why.

That is why the physical Swedish National ID-Card will exist for many years ahead.
And hope also for the Swedish "sedel + mynt" krona.
E-krona is a just a nice and naive dream, but in a world full of greed, aggresivity and non-humanism. A "Jungle of animals".
A dream which can easy transform in a nightmare for Swedish people and economy.