Money Credit and You© Latest News and Information

Hacked Printers Stealing Your Money

Hacked Printers Stealing Your Money

February 3, 2017

Cybercriminals always seem to be one step ahead of security precautions, especially in the digital life as hacked printers are at the top with criminals stealing your money right from that personal data. 

Hackers like to target smartphones and computers for their devious schemes, but now, they are going after all of our gadgets, which you would never suspect, until now.

RELATED: Better Business Bureau Issues Warning Over New Computer Scam

Researchers at a college in Germany recently discovered serious flaws found in many popular internet-connected printers. These vulnerabilities would allow cybercriminals to do several underhanded things.

How cybercriminals can use your printer against you

Everyday smart-appliances such as printers, webcams and routers, can be used as tools by cybercriminals. These Internet of Things (IoT) devices are able to be hacked because they are connected to the internet.

They are typically used as a botnet in distributed-denial-of-service (DDoS) attacks against websites. DDoS attacks occur when servers are overwhelmed with more traffic than they can handle, causing one or more websites to crash.

However, the flaws found in these printers are even more serious.

Here are some of the malicious things hackers could do if these flaws are exploited:

  • Steal sensitive information – Criminals could remotely steal information from documents that you print.
  • Shut down or hijack networked printers.
  • Capture passwords – These printers could be used as an entry point to steal network credentials.
  • Malware – hackers could infect your printer with malware.
  • DDoS – They could also be used in the traditional example as a botnet to take part in a DDoS attack.

The researches found 20 printers from several manufacturers with these flaws. The hacked printers from are listed in the following chart:


Image: List of affected printers (Source: Web in Security)

RELATED: Internet Hack Shutters State Department Computers

What you need to do

There’s not an easy way to know if an IoT gadget has been compromised. To be safe, I’ll tell you how to protect your IoT gadgets.

Since IoT appliance infections only reside on temporary memory, the first thing you have to do is reboot the device to clear out the malware.

If you are checking your router, IP webcam or connected printer, it is important that you change the default administrator username and password. Do this by accessing the appliance’s hub (usually through a webpage or a smartphone app). If your smart appliance connects via the manufacturer’s website, make sure your password is complex and unique.

Next, check for firmware updates. It’s important to keep your firmware always up to date. If your gadget does not automatically fetch firmware updates, make sure to manually check at least every three months.

Are you a victim of fraud or money scam? Share your story with us on the Money Credit and You Facebook page!

Original article published on