Nokia 1100 Is $32,413 Worth! Why?

Hackers have been offering up to $32,413 in underground forums for Nokia 1100 phones that retailed for less than $17 when it debuted in 2003. Made in the Nokia’s former factory in Bochum, Germany. The phone can allegedly be hacked so as to facilitate illegal online banking transfers, according to the Dutch company Ultrascan Advanced Global Investigations.

You can read the full story here. Pick it up from Ravinga aka @Akhom timeline

P.S.: Charlie at Nokia Conversations has to say this:

“we’re pretty certain the security issue is false (I asked, to check). We have not identified anything in the Nokia 1110 phone software that would enable this exploit.”