Visa contactless payment 'security flaw'
Researchers at the University of Newcastle, UK, have released a security flaw in Visa contactless payment cards. This failure can be used to authorize transactions without manual authorization and up to $999,999.99 in foreign currency when the card is close to a POS terminal equipped with NFC card and even while the card is still within the user´s wallet.
References:
- 03/11/2014 gizmodo.com Descubren un grave fallo de seguridad en las tarjetas Visa contactless
- 01/11/2014 bbc.com Researchers find Visa contactless payment 'security flaw'
- 01/11/2014 ncl.ac.uk Contactless cards fail to recognise foreign currency
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