Alleged EMV Flaw Stirs Debate

  Image Source: Article

Image Source: Article

Did security researchers at financial solutions provider NCR unveil a security flaw with EMV - one that could allow hackers to steal card data from EMV chips and clone it on magnetic stripes?

At the recent Black Hat USA conference in Las Vegas, point-of-sale security researchers at NCR (which sells, among other things, POS terminals, software and encryption solutions) reportedly demonstrated how fraudsters could fool POS terminals into thinking chip cards are actually chipless by altering mag-stripe data contained on those cards.

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