List, I have been lurking here for a while.

A friend asked me if it was possible to listen in on an analog modem
connection
and capture the data being sent. Another friend said it could be done. See
text below.

I can grasp sniffing packets, but the issues of captureing a modem
connection
seem to be more complex and involve more steps that I have having troubles
being able to position it on a threat level. In fact, it seems that it 
might be more secure for a number of reasons.

Can anyone point me to link detailing how it is done so that I
can have a better sense of the concepts involved?

Comments?
David R. Hibbeln 

<snip>
> ... Is it possible to listen in on an analog modem connection and
capture the data from that transmission?

Yes, it's possible but it's not trivial like listening to a spoken
conversation.

Modern high-speed (>2400 baud) full-duplex modems essentially talk to
each other continually - as a team - trading information about line
quality while negotiating the fastest reliable data rates. The
negotiation results in two sets of customized transmit and receive
amplitude and phase filter parameters, tuned to the line conditions of
the moment in each direction. 

Unless the third modem is electrically
present at the beginning of the connection (difficult if it's a dialup)
and is able to use the negotiation exchanges between the end-point
modems (difficult while remaining silent), it cannot participate in the
negotiation so it will have difficulty producing accurate data in real
time, and then only for one side of the connection (each end uses
different spectra and common modems have only one receive signal
processor). Recorded audio from an analog phone line can also be
demodulated into two data streams by post-processing with appropriate
equipment.

This means that someone can - with sufficient motivation - eavesdrop on
an analog data call. If you need a secure link, cipher the data before
the modem gets it.
<snip>

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