FBI officials are finding that electricity smart meters have pretty dumb security, as magnet-toting hackers can easily fool the devices, according to a report from blogger Brian Krebs from Krebs on Security.
Krebs states that he has an FBI intelligence bulletin outlining the agency's growing concern at smart meter attacks, which can be incredibly and embarrassingly simple. Krebs's confidential sources state that attackers have a variety of methods available for cheating the meters, primarily aiming to let consumers get power without paying for it.