Researchers’ Test Makes Contact On Contactless Credit Cards

Newcastle University in the U.K. recently discovered a security flaw within Visa contactless credit cards. With just a mobile phone, the researchers created a PoS terminal that could read cards through wallets and purses. Afterward, transactions can be valued up to 999,999.99 in any foreign currency. For more details on this story and Visa’s response, click here:: http://www.esecurityplanet.com/network-security/researchers-hack-contactless-visa-cards.html
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