Hacker Finds How Easy Is to Steal Money Using Square Credit-Card Reader
Aug 04, 2015
Next time just be careful while swiping your credit card at small retailers or trendy stores that use Square Reader to accept credit card payments. The increasingly popular and widely used Square Reader can be easily turned into a skimming device that can be used to steal your credit card data, a group of researchers warned. Square Reader is a tiny device that allows small retailers to easily accept credit and debit card payments without having to spend the money on the traditional point of sale systems. However, despite its convenience, this cheap and easy-to-use alternative has a critical flaw that could allow anyone to easily steal your payment card information. All an attacker need is a screwdriver, superglue, and roughly 10 minutes to turn the latest generation Square Reader into a tiny, portable card skimmer . Converting a New Generation Square Reader into a Card Skimmer? A team of three security researchers from Boston University has discovered a w...
