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Scooped by Gust MEES
August 28, 2020 2:51 PM
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Academics bypass PINs for Visa contactless payments | #CyberSecurity

Academics bypass PINs for Visa contactless payments | #CyberSecurity | ICT Security-Sécurité PC et Internet | Scoop.it

A team of academics from Switzerland has discovered a security bug that can be abused to bypass PIN codes for Visa contactless payments.

This means that if criminals are ever in possession of a stolen Visa contactless card, they can use it to pay for expensive products, above the contactless transaction limit, and without needing to enter the card's PIN code.

The attack is extremely stealthy, academics said, and can be easily mistaken for a customer paying for products using a mobile/digital wallet installed on their smartphone.

However, in reality, the attacker is actually paying with data received from a (stolen) Visa contactless card that is hidden on the attacker's body.

 

Learn more / En savoir plus / Mehr erfahren:

 

https://www.scoop.it/topic/securite-pc-et-internet/?&tag=VISA

 

Gust MEES's insight:

A team of academics from Switzerland has discovered a security bug that can be abused to bypass PIN codes for Visa contactless payments.

This means that if criminals are ever in possession of a stolen Visa contactless card, they can use it to pay for expensive products, above the contactless transaction limit, and without needing to enter the card's PIN code.

The attack is extremely stealthy, academics said, and can be easily mistaken for a customer paying for products using a mobile/digital wallet installed on their smartphone.

However, in reality, the attacker is actually paying with data received from a (stolen) Visa contactless card that is hidden on the attacker's body.

 

Learn more / En savoir plus / Mehr erfahren:

 

https://www.scoop.it/topic/securite-pc-et-internet/?&tag=VISA

 

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Scooped by Gust MEES
May 2, 2012 5:20 PM
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Over 1.5 million Visa, MasterCard credit card numbers stolen?

Over 1.5 million Visa, MasterCard credit card numbers stolen? | ICT Security-Sécurité PC et Internet | Scoop.it

U.S.-based credit card processor company Global Payments is about to announce more details about the scredit card numbers stolen. It doesn’t look good.

 

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