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.
PALO ALTO, Calif. — In late 2013, an A.T.M. in Kiev started dispensing cash at seemingly random times of day. No one had put in a card or touched a button. Cameras showed that the piles of money had been swept up by customers who appeared lucky to be there at the right moment.
I squatted down in the dirt and took stock of my inadequate tools. Over my left shoulder a massive John Deere tractor loomed. I came here to fix that tractor. So far, things weren’t going as planned. I’m a computer programmer by training, and a repairman by trade.
As part of a surprise move to normalize relations between the United States and Cuba, the White House announced that it would be “initiating new efforts” to help the island nation access the Internet.