Not only do we know that regular smart cards are easily hacked, now there’s evidence that Chip and PIN is hackable too.
I put the full blog post over on the Cardholder911 site because it looks like, in this case, it’s going to be the card holder and not the merchant that’s left holding the (empty) bag.
If you’re in the USA, you probably don’t have one of these yet but you can bet that it won’t be long. You should probably read the post.
Similar Posts:
- Chip and PIN continues to shift fraud
- Are you ready for an increase in credit card fraud?
- Canadian credit cards delay chip rollout
- Walmart: “My Way or the Highway”
- U.S. is slow to use safer credit cards
