ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Hackers are Lurking Around in Public Wi-Fi networks; Here's How Users Can Protect Their Data

A company in UAE lost millions to hackers which led to its bankruptcy, now experts are telling users how they can steer clear of threats.
PUBLISHED NOV 9, 2023
Close-up of an outdoor Wifi antenna integrated into a pillar | Getty Images | Photo by Smith Collection
Close-up of an outdoor Wifi antenna integrated into a pillar | Getty Images | Photo by Smith Collection

UAE’s top cybersecurity experts have raised an alarm over the vulnerability in the public Wi-Fi system of a US-based company which resulted in a massive breach that led to the bankruptcy of the firm within months as per the Khaleej Times. Experts are now advising residents and visitors to take precautions before connecting to public WiFi networks.

Earlier this year, Dr. Mohammed Hamad Al Kuwaiti, head of cybersecurity in the government of UAE explained that a US-based company had brought in a team to renovate an aquarium that was installed within their premises. When one of the workers connected to their public Wi-Fi, a vulnerability allowed hackers connected to the same network, to break into the company’s internal system and steal millions of dollars, leaving the company bankrupt.

In this photo illustration, a hacker with an Anonymous mask on his face and a hood on his head uses a computer | Getty Images | Photo by Chesnot
In this photo illustration, a hacker with an Anonymous mask on his face and a hood on his head uses a computer | Getty Images | Photo by Chesnot

A major reason for this is that many public Wi-Fi networks don’t have any security controls to make them more accessible, which opens doors for cybercriminals as well. The report also mentions an incident where a resident of Dubai connected his laptop to the public Wi-Fi of a hotel in the UAE, and got hacked. His entire system was compromised along with every account he had. The victim said that the hackers asked him to pay a ransom in Bitcoin and when he refused, they deleted his TikTok account which had over 10,000 followers.

While it is relatively uncommon to get hacked from a public Wi-Fi connection, it is still a threat as it can have a serious impact on the victim. A public Wi-Fi attack occurs when victims use a connection that is unencrypted and unsecured.

Representative of an iris-recognition device | Getty Images | Photo by Ian Waldie
Representative of an iris-recognition device | Getty Images | Photo by Ian Waldie

Here, the attacker sits as the man in the middle after exploiting a security flaw in the network to intercept data. This allows the hacker to get the details of identity, browsing activities, passwords, account logins, and financial transactions.

Avoid connecting to public Wi-Fi or open networks. Hackers may set up rogue hotspots that offer free data. They may also mimic legitimate names of Wi-Fi connections of stores, companies, or lounges to fool users. Thus, it is always advised to use a private connection or verified and secured connections to access the internet. Users are also advised to turn off the option to automatically join open/known networks.

In case it is important to connect to a public Wi-Fi, never access sensitive data, such as financial information, login passwords, or important credentials, through an unverified or unsecured connection.

Representative impage of rows of laptop computers| Getty Images | Photo by Justin Sullivan
Representative impage of rows of laptop computers| Getty Images | Photo by Justin Sullivan

Further, users should make sure that they remove the connection and its saved data from the device once they are done using the network. Specialized software that performs security and virus checks can also be used to protect the device from attacks. The device's firewalls should also be enabled, and configured with optimal security settings.

It is also recommended to update and patch the software of the device to the latest version to avoid potential infections. Even mobile devices need regular updates to prevent the spread of malware.

Representative image of a young woman using her smartphone | Getty Images | Photo by Robert Alexander
Representative image of a young woman using her smartphone | Getty Images | Photo by Robert Alexander

Lastly, using a Virtual Private Network or VPN can also protect the information on the device and browsing data. It can also help users stay anonymous for hackers while accessing a network and browsing the web.

MORE ON MARKET REALIST
The newly introduced Trump accounts have the same tax advantages as IRAs.
7 hours ago
While the IMF warned the current administration's policies could make deficits worse.
8 hours ago
Fans couldn't believe how a contestant failed to secure just 31 points out of the 200 that his partner had scored.
11 hours ago
While the answer touched Harvey's heart, he was sure nobody would do that for a celebrity.
13 hours ago
Trump's claims were both partially true and ridiculous, according to industry analysts.
15 hours ago
People on social media accused the actor of being a hypocrite, urging him to step up first.
1 day ago
Trump's pledge sounds empty as OBBBA has shaved over $1 trillion in social safety nets funding.
1 day ago
While her answer wasn't technically wrong, the survey begged to differ.
1 day ago
After getting three zeros on the board, Nori had the impossible task of winning with two answers
1 day ago
An underlying stock rotation has triggered a potential countdown to a crash.
2 days ago
Harvey couldn't pass up the opportunity to take a jab at J-Lo's relationship status
2 days ago
While the president championed his policies, the ground reality tells a woeful tale.
2 days ago
Companies will be in no rush to reduce prices as trade uncertainty continues, the bank noted.
3 days ago
Trump threatened to use different laws to punish countries that back away from negotiated deals.
3 days ago
Despite his experience, Harvey didn't know much about the prep that goes into competing on the show
3 days ago
With slacking consumer spending and the 43-day shutdown, the GDP grew by just 1.4%.
6 days ago
Economist Joseph Stiglitz claimed no policy was helping boost blue-collar jobs amid automation.
6 days ago
Turns out a hug from James O'Halloran was worth more than the cash for Nikki.
6 days ago
Although the player was off in her guess by nearly $10, she had a buffer to work with.
6 days ago
Harvey was excited to learn how Amrett impressed his dates.
6 days ago