In 2003, the city of San Francisco launched a $35 million pilot program that tested the viability of “smart” parking meters in the city. These meters offered features such as allowing a user to pay via “smart card” as opposed to traditional coin deposits.
Security researchers promptly tested these meters, discovering in 2009 that these meters were extremely vulnerable to fraud. These meters could be easily hacked, and a user could easily obtain unlimited free parking via the use of a bogus “smart card”.
Additional citation: http://www.rescuemuni.org/2009/08/01/san-franciscos-new-parking-meters-easily-defrauded/
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