Description
A new hack lets criminals bypass PIN for a Mastercard contactless card by tricking terminals into believing it to be a Visa card.
Summary
- Cybersecurity researchers have disclosed a novel attack that could allow criminals to trick a point of sale terminal into transacting with a victim's Mastercard contactless card while believing it to be a Visa card.
- The cards of this brand were previously presumed protected by PIN."
- The findings will be presented at the 30th USENIX Security Symposium in August later this year.
- Additionally, the payment network has rolled out checks for other data points present in the authorization request that could be used to identify an attack of this kind, thereby declining a fraudulent transaction right at the outset.