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Chip and pin cards still can be cloned. http://securityaffairs.co/wordpress/25134/cyber-crime/chip-and-pin-cloning.html
@DaveSignal wrote:
@slicemans wrote:EMV would not have prevented the target attack. It was attack inside the POS not the actual payment terminal.
But if the US had fully implemented EMV at that time and everyone had EMV cards that only worked in chip readers, then the theives would have no reason for the internal POS attack since that stolen data would be useless without a cloned EMV card.
+1 my thoughts exactly
@slicemans wrote:Chip and pin cards still can be cloned. http://securityaffairs.co/wordpress/25134/cyber-crime/chip-and-pin-cloning.html
Yes not like Stips can be
Pre-play attack means that the terminal has to be compromised first.
On the other hand you can just use skimmer to skim mag strip, bypassing the need to compromising terminal.
Nothing is 100% secure in terms of cryptograhy.
@trumpet-205 wrote:Pre-play attack means that the terminal has to be compromised first.
On the other hand you can just use skimmer to skim mag strip, bypassing the need to compromising terminal.
Nothing is 100% secure in terms of cryptograhy.
Right, but it sounds like the UK banks have done a strict liability shift, if a correct PIN was recorded as used, customer is liable as the cards cannot be compromised (and as the paper says, assumed to be negligent or complicit). And the paper suggests that that is far from true.
@slicemans wrote:Chip and pin cards still can be cloned. http://securityaffairs.co/wordpress/25134/cyber-crime/chip-and-pin-cloning.html
Im sure that I could clone an entire EMV bank ATM if I had the money and time, but it would take a lot of effort and would be a whole lot easier just to move on to a different area of the world with low security standards where all I have to do is print some cards with magnetic stripes.