New Hack Lets Attackers Bypass MasterCard PIN by Using Them As Visa Card

By The Hacker News - 2021-02-24

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.

 

Topics

  1. Security (0.35)
  2. Mobile (0.16)
  3. Machine_Learning (0.13)

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