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.

Tags:
Security
About the author
 

Join the discussion

Conversation powered by Livefyre

Show Comments Hide Comments
Latest Galleries from CNET
ZTE's wallet-friendly Grand X (pictures)
Lenovo reprises clever design for the Yoga Tablet 2 (Pictures)
Top-rated reviews of the week (pictures)
Best iPhone 6 and iPhone 6 Plus cases
Make your own 'Star Wars' snowflakes (pictures)
Bento boxes and gear for hungry geeks (pictures)