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Shimmers are the newest tool for stealing credit card info
- deleted 10y ago[deleted]
- mgberlin 10y agoWhat "tap" function is the author talking about?
- grzm 10y agoI believe they're referring to "contactless" use. Here are the reference I found: https://www.shopify.com/blog/36816197-emv-chip-cards-are-coming-to-the-u-s-heres-what-merchants-need-to-know https://www.shopify.com/blog/36816197-emv-chip-cards-are-com... Tap (Contactless) Data between chip card and a payment terminal is exchanged wirelessly when the two come into contact. In most cases, the customer will be required to provide no verification for smaller transactions. New forms of mobile payments like Apple Pay will also work this way. Here's another article describing it (and potential issues): http://globalnews.ca/news/2295763/tap-and-pay-cards-its-fast-and-convenient-but-is-it-more-secure/ http://globalnews.ca/news/2295763/tap-and-pay-cards-its-fast... I'm by no means an expert! I just used google. Clarification and corrections most welcome!
- closeparen 10y agoHow is this possible? Wasn't the point of chip cards to sign specific transactions using an internally stored secret? Or is it actually just an obtuse way to move a shared secret around?