[2016-01-01] Magspoof: Insecure Plastic Cards Show Why the World Needs Bitcoin

[jdebunt]

Bringing additional security to the payment sector is a tough battle as there are so many hurdles to overcome, especially when it comes to plastic cards. The introduction of EMV chips to plastic cards seemed to be a major step in the right direction, but as it turns out, EMV transactions can be disabled, forcing merchants to swipe the card.

https://news.bitcoin.com/magspoof-insecure-plastic-cards-show-world-needs-bitcoin/