UK researchers hack chip and PIN security

Thursday, 8 February 2007, 1:15 AM EST

Two UK-based researchers demonstrated this week how to hack a security scheme in which a customer must enter a four-digit code for credit or debit card transactions. They claim in an as-yet-unpublished paper that they rigged a card reader to intercept a card holder's information during the transaction, data that could later be used to make fraudulent purchases.

At Linux News.

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