Ponce
4th November 2014, 09:13 AM
Like I said long ago.....someday will have a "Debit-Credit Card" where all that you earn would go there and all that you spend would come from there....now they are testing it.
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Scientists testing for card fraud on new contactless microchip debit and credit cards have found a critical flaw that could allow a criminal to steal up to $1 million just by coming into close contact with a person.
During a presentation at the ACM Conference on Computer and Communications Security in Arizona on Monday, Newcastle University scientists presented a paper that showed flaws in microchip credit and debit cards. With the new microchip cards, users can just swipe the chip for transactions up to $31, for speed and convenience.
http://rt.com/usa/202031-major-flaw-credit-cards/
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Scientists testing for card fraud on new contactless microchip debit and credit cards have found a critical flaw that could allow a criminal to steal up to $1 million just by coming into close contact with a person.
During a presentation at the ACM Conference on Computer and Communications Security in Arizona on Monday, Newcastle University scientists presented a paper that showed flaws in microchip credit and debit cards. With the new microchip cards, users can just swipe the chip for transactions up to $31, for speed and convenience.
http://rt.com/usa/202031-major-flaw-credit-cards/