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Category — EMV chip cards
How Hackers Can Hack Your Chip-and-PIN Credit Cards

How Hackers Can Hack Your Chip-and-PIN Credit Cards

Oct 21, 2015
October 1, 2015, was the end of the deadline for U.S. citizens to switch to Chip-enabled Credit Cards for making the transactions through swipe cards safer. Now, a group of French forensics researchers have inspected a real-world case in which criminals played smart in such a way that they did a seamless chip-switching trick with a slip of plastic that it was identical to a normal credit card. The researchers from the École Normale Supérieure University and the Science and Technology Institute CEA did a combined study of the subject, publishing a research paper [ PDF ] that gives details of a unique credit card fraud analyzed by them. What's the Case? Back in 2011 and 2012, police arrested five French citizens for stealing about 600,000 Euros (~ $680,000) as a result of the card fraud scheme, in spite of the Chip-and-PIN cards protections. How did the Chip-and-Pin Card Fraud Scheme Work? On investigating the case, the researchers discovered that the n
Target finally Plans to issue Chip and PIN Credit Cards

Target finally Plans to issue Chip and PIN Credit Cards

Apr 30, 2014
The massive data breaches in U.S largest retailers ' Target ', marked the largest card heists in the U.S. history in which financial credentials of more than 110 million customers were compromised, have forced the retailer to take step towards more secure transactions. The retailer company on Tuesday said it is implementing chip-and-PIN payment card systems for its stores and will be soon working with the MasterCard to replace all of its REDcard customer cards to chip-and-PIN secured cards. The transition to chip-and-Pin-enabled REDcards is set to begin in early 2015. " The new payment terminals will be in all 1,797 U.S. stores by this September, six months ahead of schedule. In addition, by early next year, Target will enable all REDcards with chip-and-PIN technology and begin accepting payments from all chip-enabled cards in its stores, " the company said. The chip-and-PIN system, also known as the EMV standard. Instead of using a magnetic stripe to store fina
Cyber Story Time: The Boy Who Cried "Secure!"

Cyber Story Time: The Boy Who Cried "Secure!"

Nov 21, 2024Threat Detection / Pentesting
As a relatively new security category, many security operators and executives I've met have asked us "What are these Automated Security Validation (ASV) tools?" We've covered that pretty extensively in the past, so today, instead of covering the " What is ASV?" I wanted to address the " Why ASV?" question. In this article, we'll cover some common use cases and misconceptions of how people misuse and misunderstand ASV tools daily (because that's a lot more fun). To kick things off, there's no place to start like the beginning. Automated security validation tools are designed to provide continuous, real-time assessment of an organization's cybersecurity defenses. These tools are continuous and use exploitation to validate defenses like EDR, NDR, and WAFs. They're more in-depth than vulnerability scanners because they use tactics and techniques that you'll see in manual penetration tests. Vulnerability scanners won't relay hashes or combine vulnerabilities to further attacks, whic
Payment Card processing services upgrading to Chip-and-PIN and Point-to-Point Encryption

Payment Card processing services upgrading to Chip-and-PIN and Point-to-Point Encryption

Mar 12, 2014
The massive data breaches in U.S retailers ' Target ' and ' Neiman Marcus ', in which financial credentials of more than 110 million and 1.1 million customers were compromised respectively, have put a spotlight on the need for more secure transactions. To tackle this issue, the two major payment card brands, MasterCard and Visa have announced the formation of a new cross-industry group that will focus on the security of the enhancing payment system to keep pace with the expectations of consumers, retailers and financial institutions in the United States. " The recent high-profile breaches have served as a catalyst for much needed collaboration between the retail and financial services industry on the issue of payment security," says Ryan McInerney, president of Visa Inc. "As we have long said, no one industry or technology can solve the issue of payment system fraud on its own. " The joint effort aims to advance the migration to EMV chip cards, also kno
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6 Best Practices for Privileged Account and Session Management (PASM)

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Learn how to secure privileged accounts and sessions to protect your data and meet compliance standards.
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