New Hack Lets Attackers Bypass MasterCard PIN by Using Them As Visa Card

From thehackernews.com

Bypass MasterCard PIN

Cybersecurity researchers have disclosed a novel attack that could allow criminals to trick a point of sale terminal into transacting with a victim’s Mastercard contactless card while believing it to be a Visa card.

The research, published by a group of academics from the ETH Zurich, builds on a study¬†detailed last September¬†that delved into a PIN bypass attack, permitting bad actors to leverage a victim’s stolen or lost Visa EMV-enabled credit card for making high-value purchases without knowledge of the card’s PIN, and even fool the terminal into accepting unauthentic offline card transactions.

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