new "secure" credit card flaw might be easy to hack

Started by wr250, November 03, 2014, 08:14:26 PM

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wr250

new UK visa cards can be fooled into approving "transactions" of up to 999,999.99 (euros?) ,in spite of any limits.

http://www.wired.com/2014/11/chip-n-pin-foreign-currency-vulnerability/

area51drone

Well at least you have to go through the steps of hacking it.   With our credit cards, you just "approve them" without any extra steps.   It's amazing to me how unsecure cards are, and how little cops/credit companies care if they're stolen and used.

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