Feeds

ALL Visa cards blab punters' names - not just Barclaycards

Wireless Pay-by-bonk fraud risk widens

Combat fraud and increase customer satisfaction

Channel 4 News has been bothering contactless bank cards again, and managed to wirelessly extract the customer's name from ANY Visa-branded card within a few centimetres.

Previously the programme had only demonstrated the technique on Visa cards issued by Barclays, and not all of those.

However ViaForensics (the company hired by Channel 4 News to do the leg work) has today demonstrated that it can lift the customer's name from any Visa-branded card.

That's important because without the name even Amazon won't process payments. Retailers generally check the CVV code (the three-digit number on the back), which isn't stored on the card chip so it can't be lifted, and reputable shops should check the cardholder's address too. However Amazon was caught skipping both those checks when the telly newshounds probed earlier this week.

Barclays told the programme that sharing the name was in an early, but still valid, version of the proximity-payment standard. Barclays was an early adopter of pay-by-bonk tech, and claims that sharing the name isn't a significant security risk anyway: "If a retailer is processing payments without CVV codes, the name isn't probably going to make a lot of difference," the bank claimed.

Channel 4 News will cover the story this evening, at 7PM BST but the details are already on its site. ®

Combat fraud and increase customer satisfaction

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.