Thread: Chip and Pin Fraud
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Old 09-04-2005, 22:33   #14
Matth
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Matth has reached the bronze age
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Re: Chip and Pin Fraud
There was another program, where the "hacker" read the stripe from a "chip and pin" card, used a program to reset the "chip & pin" bit and then wrote it to the stripe on another plain card.

Card + pin (no chip) worked perfectly.

The chip itself, is a whole new ballgame for security, but at the moment, it can be 100% BYPASSED!
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