Secure credit cards have a major flaw that lets hackers steal millions

lotuseclat79 · Nov 4, 2014

Secure credit cards have a major flaw that lets hackers steal millions.

Dumb debit and credit cards that can be easily replicated by hackers after stealing the data in their magnetic strips — which is what happened with card data stolen in cyber attacks hitting Target, Home Depot and many others — will be a thing of the past in the U.S. starting on October 1, 2015, as they will be replaced by more secure chip-and-PIN (also known as EMV) cards. However, Wired reports these cards aren’t as secure as you expect, and hackers have already found a way to steal money from them without actually needing access to the cards.
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-- Tom

TairikuOkami · Nov 5, 2014

Good thing, that I have RFID blocking wallet for my contactless card. Also my VISA always checks online, even when only an offline payment is required.

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Secure credit cards have a major flaw that lets hackers steal millions

lotuseclat79 Registered Member

TairikuOkami Registered Member

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Secure credit cards have a major flaw that lets hackers steal millions

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