Chip-and-PIN flaw to be investigated by industry body

The body that oversees the tech behind chip-based payment cards plans to investigate chip-and-PIN security, following claims that the protocol has been broken.

The body that oversees the technology behind chip-based payment cards is to investigate chip-and-PIN security, following claims that the protocol has been broken.

The specification body, EMVCo, said it will analyze a paper by researchers from Cambridge University, who demonstrated an attack with a valid payment card that did not require a valid PIN to be entered to complete a transaction.

EMVCo, owned by American Express, JCB, MasterCard and Visa, said those debit- and credit-card payment companies will also scrutinise the paper.

Read more of "Chip-and-PIN flaw to be investigated by industry body" at ZDNet UK.

 

ARTICLE DISCUSSION

Conversation powered by Livefyre

Don't Miss
Hot Products
Trending on CNET

Hot on CNET

The Next Big Thing

Consoles go wide and far beyond gaming with power and realism.