A ‘distributed guessing attack’ is a major new threat to cardholders.
New research has shown that your Visa card (credit or debit) can be cracked frighteningly easily in around six seconds flat via a method which simply involves guessing the correct details, and exploits two main weaknesses in the card’s payment security system. Security experts at Newcastle University in the UK found the flaws in the Visa system, obtaining details using a ‘distributed guessing attack’ which could, they theorise, have been used in the major Tesco Bank fraud which happened a month ago and affected some 40,000 customers. So how does this work? Basically, the first of the two afor
Via Emmanuel HAVET