Saturday 6 August 2016

Flawed credit card chip system attracting hackers

REDDING, Calif. – Hackers are figuring out new ways to steal identities. How do you protect yourself from cyber criminals and credit card fraud?

The new EMV chips seen on credit cards are supposed to give more security, but hackers have figured out how to deactivate those chips and steal information.

Redding business owner, Keitha Brook always checks every I.D. when customers pay at her consignment shop, Redeemed.

“I want to make sure it’s their card I don’t want any theft.,” said Brook. “Customers feel protected when people ask for an ID, they actually thank me.”

Consumer researchers say card thieves can simply re-write the strip’s code to make it appear like a chipless card, allowing criminals to keep counterfeiting. For the full article click here 



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