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” »
Category: pointofsale
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chipandpin, credentials, creditcards, fraud, pointofsale, Security technology
creditcards, pointofsale, Security technology, 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
academicpapers, authentication, banking, economicsofsecurity, pointofsale, retail, Security technology
Ross Anderson describes DigiTally, a secure payments system for use in areas where there is little or no network connectivity. Powered by WPeMatico