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IDG Contributor Network: How hackers compromised chipped credit cards, and how the...

Discussion in 'Network World' started by RSS, Oct 27, 2015.

  1. RSS

    RSS New Member Member

    Chipped cards have been hacked in the past, despite the security rhetoric from banks and merchants.

    Until recently, it was done through a Man-in-the-Middle attack.

    'Man-in-the-Middle' is where an attacker changes the communication between parties who think they're talking with each other directly.

    Security measures are now in place to stop this kind of chip scam, but it was not until scientists studied the forensics that the police could even figure it out.

    Second chip

    It turns out that the fraud worked through a second chip embedded in the card, installed there by the crook.

    The glued-on dummy chip answered affirmatively when polled. It let a transaction go through when the terminal asked the card's original chip if the entered PIN was correct, Catalin Cimpanu explained in a Softpedia article.

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