Good article in the Washington Post on all the surveillance associated with credit card use. Powered by WPeMatico
Category: creditcards
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In Gmail addresses, the dots don’t matter. The account “bruceschneier@gmail.com” maps to the exact same address as “bruce.schneier@gmail.com” and “b.r.u.c.e.schneier@gmail.com” — and so on. (Note: I own none of those addresses, if they are actually valid.) This fact can be used to commit fraud: Recently, we observed a group of BEC actors make extensive use … Read More “Using Gmail “Dot Addresses” to Commit Fraud” »
A new study finds that credit card fraud has not declined since the introduction of chip cards in the US. The majority of stolen card information comes from hacked point-of-sale terminals. The reasons seem to be twofold. One, the US uses chip-and-signature instead of chip-and-PIN, obviating the most critical security benefit of the chip. And … Read More “Chip Cards Fail to Reduce Credit Card Fraud in the US” »
Interesting research paper: “Fear the Reaper: Characterization and Fast Detection of Card Skimmers“: Abstract: Payment card fraud results in billions of dollars in losses annually. Adversaries increasingly acquire card data using skimmers, which are attached to legitimate payment devices including point of sale terminals, gas pumps, and ATMs. Detecting such devices can be difficult, and … Read More “Detecting Credit Card Skimmers” »
Watch how someone installs a credit card skimmer in just a couple of seconds. I don’t know if the skimmer just records the data and is collected later, or if it transmits the data back to some base station. Powered by WPeMatico
Researchers have found that they can guess various credit-card-number security details by spreading their guesses around multiple websites so as not to trigger any alarms. From a news article: Mohammed Ali, a PhD student at the university’s School of Computing Science, said: “This sort of attack exploits two weaknesses that on their own are not … Read More “Guessing Credit Card Security Details” »
There’s a new French credit card where the CVV code changes every hour. Powered by WPeMatico