Big Discovery Bank security flaw

guest · Oct 15, 2019

Big Discovery Bank security flaw
October 15, 2019
https://mybroadband.co.za/news/security/323350-big-discovery-bank-security-flaw.html

Discovery Bank credit cards were affected by a security vulnerability that allowed you to make online purchases without knowing a specific bank card’s CVV.

The card verification value (CVV) is the set of three digits printed on the back of the card which acts as a security measure when making payments online.
MyBroadband received an anonymous tip stating that you could type in any three digits for the CVV when buying something online with a Discovery Bank card and the transaction would be approved.

“We detected the CVV issue last week and immediately started implementing a series of steps to correct the issue,” Discovery Bank told MyBroadband.
“We also work in conjunction with multiple parties, including Sabric and Visa, to continually evaluate and enhance our fraud detection and prevention systems and processes.”
Click to expand...

Business Insider: Discovery Bank closed a gaping credit card security hole on Monday – but says it suffered no fraud

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Big Discovery Bank security flaw

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