Is Your Chip Card Secure? Much Depends on Where You Bank

Credit to Author: BrianKrebs| Date: Thu, 30 Jul 2020 15:09:24 +0000

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 something by dipping the chip instead of swiping the stripe. But a recent series of malware attacks on U.S.-based merchants suggest thieves are exploiting weaknesses in how certain financial institutions have implemented the technology to sidestep key chip card security features and effectively create usable, counterfeit cards.

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How to Avoid Card Skimmers at the Pump

Credit to Author: BrianKrebs| Date: Tue, 26 Jun 2018 17:59:44 +0000

Previous stories here on the proliferation of card-skimming devices hidden inside fuel pumps have offered a multitude of security tips for readers looking to minimize their chances of becoming the next victim, such as favoring filling stations that use security cameras and tamper-evident tape on their pumps. But according to police in San Antonio, Texas, there are far more reliable ways to avoid getting skimmed at a fuel station.

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Detecting Cloned Cards at the ATM, Register

Credit to Author: BrianKrebs| Date: Mon, 14 May 2018 15:24:38 +0000

Much of the fraud involving counterfeit credit, ATM debit and retail gift cards relies on the ability of thieves to use cheap, widely available hardware to encode stolen data onto any card’s magnetic stripe. But new research suggests retailers and ATM operators could reliably detect counterfeit cards using a simple technology that flags cards which appear to have been altered by such tools.

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Credit Card Breach at Buckle Stores

Credit to Author: BrianKrebs| Date: Sat, 17 Jun 2017 14:07:08 +0000

The Buckle Inc., a clothier that operates more than 450 stores in 44 U.S. states, disclosed Friday that its retail locations were hit by malicious software designed to steal customer credit card data. The disclosure came hours after KrebsOnSecurity contacted the company regarding reports from sources in the financial sector about a possible breach at the retailer.

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