Flaw in New ‘Secure’ Credit Cards Would Let Hackers Steal $1M Per Card

By iftttpYoHns6
Tuesday, November 4th, 2014
Flaw in New ‘Secure’ Credit Cards Would Let Hackers Steal $1M Per Card
As U.S. banks and retailers are barreling toward a 2015 deadline to replace magnetic-stripe credit and debit cards with more secure cards that come embedded with a microchip, researchers have announced a critical flaw in the card system.

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Designer or journalist: Who shapes the news you read in your favorite apps?
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Miss a Payment? Good Luck Moving That Car
The thermometer showed a 103.5-degree fever, and her 10-year-old’s asthma was flaring up. Mary Bolender, who lives in Las Vegas, needed to get her daughter to an emergency room, but her 2005 Chrysler van would not start. The cause was not a mechanical problem — it was her lender.
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Report Sees Weak Security in Cars’ Wireless Systems
WASHINGTON — Serious gaps in security and customer privacy affect nearly every vehicle that uses wireless technology, according to a report set to be released on Monday by a senator’s office.
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