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Magnetic Strips of Credit Cards Can Be Hacked
By Ryan Naraine
2008-02-21
Article Views: 1672
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RFID security guru releases a test program that can read chip and PIN credit cards using the EMV standard.
WASHINGTON – Personally
identifiable information baked into the magnetic strip on your credit
card can be easily hijacked by hackers using lightweight tools,
according to a warning from RFID security guru Adam Laurie.
At the Black Hat DC briefings here, Laurie announced the release of CHaP.py, a test program created to read chip and PIN credit cards using the EMV standard. EMV, named for the three companies that developed the standard –
Europay, MasterCard and VISA – handles authentication of credit and
debit card payments.
Laurie, who works as chief security officer and director of U.K.-based
The Bunker Secure Hosting Ltd., plans to integrate CHaP.py into the RFIDIOt, the popular open-source python library for exploring RFID devices.
Read the full article at eWEEK.
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