Imagine you have lost your credit card and applied for a fresh credit card from your bank. What if some criminal is using your new credit card before you have even received it?
Yes, it’s possible at least with this $10 device.
Hardware hacker Samy Kamkar has built a $10 device that can predict and store hundreds of American Express credit card numbers, allowing anyone to use them for
Posted in Chip-and-PIN, Credit Card Cloning, credit card fraud, credit card hacking, hack credit card, hacking news, Samy Kamkar, Secure Payment Cards | Comments (0)
October 1, 2015, was the end of the deadline for U.S. citizens to switch to Chip-enabled Credit Cards for making the transactions through swipe cards safer.
Now, a group of French forensics researchers have inspected a real-world case in which criminals played smart in such a way that they did a seamless chip-switching trick with a slip of plastic that it was identical to a normal credit
Posted in Chip-and-PIN, credit card fraud, credit card hacking, EMV chip cards, hack credit card, hacking news, identity theft, man-in-the-middle attack, Point-of-sale system | Comments (0)
October 1 Liability shift ENDS!
Today, 1st October 2015, is the deadline for US-based Banks and Retailers to roll out Chip-embedded Credit Cards (powered by EVM Technology) to customers that will make transactions more secure.
EVM Technology stands for Europay, MasterCard and Visa — a global standard for Payment Cards equipped with Chips used to authenticate chip card transactions.
Posted in Chip-and-PIN, Credit Card Cloning, credit card fraud, credit card hacking, EVM Cards, hacking debit card, hacking news, online fraud | Comments (0)
Banks have tried every effort, from providing Magnetic Stripes based Credit and Debit Cards to Chip-and-Pin Cards, in order to secure its users from credit card cloning and card Skimmers.
It has been known from years that Magnetic stripe are incredibly hackable, but Chip-n-Pin cards have also been hacked and successfully cloned by a group of security researchers.
A unit of Canada’s Bank of
Posted in Chip-and-PIN, Credit Card Cloning, credit card hacking, Credit Card Skimmers, Credit card skimming, hacking credit cards | Comments (0)