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Re: German home banking (fromn RISKS)
> Don't high speed modems transmit and receive on the same frequencies,
> using echo cancelation to decode the receive signals? Does that
> make it impossible to eavesdrop on high-speed (i.e. V32bis) modems?
No, and a lot of crackers and phone phreaks found out the hard way. You can
buy protocol analysers off-the-shelf that will give a dump of the entire
communication by just passively listening in (or possibly playing back a
recording). I have seen units that could decode all of the popular Blue Book
protocols for consumer equipment such as faxes and high-speed modems as well
as ISDN, T1, DS3, ATM, etc... Most are programmable and some are full-blown
computers running stripped down versions of Unix and can also be controlled
over the network from RealComputers. With multiple analysers and a little
custom software you could easily perform MITM attacks. The hardest part is
getting in the middle.
Modulation, comm-protocols, and compression techniques are not a replacement
for honest to goodness crypto.
andrew