Blog Posts Tagged with "Mag Stripe"

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Gift Cards, Money Laundering, And Other Shenanigans

December 05, 2012 Added by:Jackie Singh

Well, one thing that makes the use of bank card schemes quite safe is that it’s quite a bit harder to clone the value of a card on to another. It’s certainly doable to clone the card itself and use it multiple times, but it’s going to drain the account as it is used...

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How EMV Impacts International Travel

August 25, 2012 Added by:Robert Siciliano

If you have plans to travel internationally this summer, you may have problems using your U.S. magnetic stripe card abroad, as many other countries, particularly in Europe, have made the EMV card the new standard. The Smartcard Alliance explains...

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Necessary Security Updates for 2012

January 24, 2012 Added by:Robert Siciliano

Never before have so many criminals been so organized across borders as they are today. The Internet has spawned international crime syndicates of the best criminal minds who seek to take from you, your government, and all the merchants we rely on to provide products and services...

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How Much Longer Does the Magstripe Have?

January 29, 2011 Added by:Robert Siciliano

Every U.S.-based credit card has a magnetic stripe on the back. This stripe can be read and rewritten like a burnable CD. The simplicity of the magstripe’s design, coupled with the availability of card reading and writing technology, results in billions of dollars in theft and fraud...

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Retailers’ Point of Sale Terminals Skimmed

January 03, 2011 Added by:Robert Siciliano

POS machines are particularly vulnerable because the magnetic stripe technology, which has been around for 40 years, is essentially defenseless against modern fraud techniques. Anyone can easily, and legally, purchase a skimming device for a couple hundred dollars...

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