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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Hackers charged with stealing over $100m in US army and Xbox technology
Four men have been charged with breaking into the computer systems of Microsoft, the US army and leading games manufacturers, as part of an alleged international hacking ring that netted more than $100m in intellectual property, the US Department of Justice said on Tuesday.
Posted on: October 1, 2014 2:10 pm
MasterCard, Visa make plays for payment security
MasterCard and Visa are ramping up cybersecurity efforts for online and mobile transactions.
Posted on: February 15, 2015 1:41 pm
NATO to hold major cyber defense drill in Estonia
TALLINN, Estonia (AP) — About 400 computer experts will participate in a major cybersecurity drill in Estonia this week as part of NATO’s efforts to upgrade its capability to counter potentially debilitating hacker attacks.
Posted on: April 24, 2015 11:30 am

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