Tag: EMV
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EMV payments grew more than 350 percent in the last year
When it comes to preventing theft and fraud, security leaders need to consider the security of the transactions customers use at different …
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EMV 3DS 2.3 enhances security and fraud prevention across e-commerce channels
EMVCo has enhanced the EMV 3-D Secure (3DS) Specifications to improve the consumer experience and fraud fighting capabilities for issuers, …
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Apple Pay vulnerable to wireless pickpockets
Researchers have shown that it is possible for attackers to bypass an Apple iPhone’s lock screen to access payment services and make …
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Theoretical technique to abuse EMV cards detected used in the real world
Two weeks ago, ZDNet reported on the results of a very interesting experiment that analyzed how banks implemented EMV (chip) cards on their …
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Is Your Chip Card Secure? Much Depends on Where You Bank
Chip-based credit and debit cards are designed to make it infeasible for skimming devices or malware to clone your card when you pay for …
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Researchers create magstripe versions from EMV and contactless cards
A British security researcher has proven this week that it is still possible in 2020 to create older-generation magnetic stripe (magstripe) …
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Cybercriminals Fill Up on Gas Pump Transaction Scams Ahead of Oct. Deadline
Gas stations are gearing up for a major change in credit-card fraud liability in October, when they will find themselves on the hook for …
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Crooks stole €1.5 million from German bank OLB cloning EMV cards
Criminals have stolen more than €1.5 million from the German bank OLB by cloning customer debit cards and using them to cash out user …
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German bank loses €1.5 million in mysterious cashout of EMV cards
Criminals have stolen more than €1.5 million ($1.65 million) from a German bank by cloning customer debit cards and then cashing out user …
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Card readers at electric vehicle charging stations will weaken security, researchers say
Electric vehicle charging stations could become one of the next big targets for fraudsters — thanks to proposals in several state that …
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EMV Secure Remote Commerce Specification 1.0 released
EMVCo has released EMV Secure Remote Commerce Specification v1.0, which is available for free public download from the EMVCo website. The …
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Why aren’t chip credit cards stopping “card present” fraud in the US?
A security analysis firm called Gemini Advisory recently posted a report saying that credit card fraud is actually on the rise in the US. …
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