Floods: Last Week Tonight with John Oliver (HBO)
A flaw in chip and PIN threatens millions of accounts
Scientists have discovered a flaw in chip and PIN technology that could endanger millions of credit and debit cards
It’s been four years since the chip and PIN system became universal on Valentine’s Day 2006, replacing the use of signatures. But now, just as we’ve developed our own discrete ways of punching in PIN codes, we’re told the technology could be flawed.
The discovery suggestsstolencards could be used in shops and bank cash machines without needing to key in the four digit PIN.
According to researchers, thieves are attaching a small circuit
board containing a computer chip to the stolen plastic card, which can
be concealed up the sleeve.
This chip communicates with a
computer stored in the backpack worn by thecriminalwhen using the
card at a cash-point or shop. When asked for a four-digit PIN to make a
transaction, they only need to key in random numbers.
Professor Ross Anderson, form the Cambridge University Computer Lab,
has discovered several ways to beat the thieves, but insists the
software surrounding this system should be urgently re-written.
think this is one of the biggestflawsthat has ever been uncovered
against the PIN system, and I have been in this business for 25 years,’
Video: Jurassic Park (1993) - Raptors in the Kitchen Scene (9/10) | Movieclips
Cooking for a Crowd
Top 10 Nutritious Grocery Items that Don’t Break the Bank
Survey Reveals The Professions That Are Most Likely To Cheat
The chest and triceps power workout
10 Things No One Ever Tells You About: Removing YourMakeup
14 Vintage Bulges From the Pages of Cosmopolitan
A Must-Attend Event for NYC Beauty Lovers
BMW M2 Competition Unveiled As The M Car That Wants You To Drift
How abortion could affect future pregnancies