Bank-card PINs 'wide open' to insider attack

Tuesday, 21 November 2006, 12:01 AM EST

Security researchers have highlighted how corrupt bank insiders might be able to obtain bank card PINs using as little as one or two guesses.

The flaw, which involves the way ATM PINs are encrypted and transmitted across international financial networks (by switches), is far more severe than previous attacks which created a means for insiders to crack PINs using around 15 guesses. By design, it shouldn't be possible to guess a four-digit pin in less than an average of 5,000 attempts.

At The Register.

[ Read more ]




Spotlight

How GitHub is redefining software development

Posted on 26 January 2015.  |  The security industry is slowly realizing what the developer community knew for years - collaboration is the key to and likely the future of innovation.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Wed, Jan 28th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //