"Chip and PIN is broken" is old news: http://www.cl.cam.ac.uk/research/security/banking/nopin/oakland10chipbroken.pdf http://www.cl.cam.ac.uk/research/security/

"Chip and PIN is broken" is old news: http://www.cl.cam.ac.uk/research/security/banking/nopin/oakland10chipbroken.pdf http://www.cl.cam.ac.uk/research/security/banking/nopin/oakl... Here's a video of them applying the exploit: https://www.youtube.com/watch?v=JPAX32lgkrw https://www.youtube.com/watch?v=JPAX32lgkrw