Visa may perhaps be putting countless prospects at risk of online fraud.
That is according to cyber security industry experts, who say they have identified flaws which allow hackers to bypass the verification limits on the company’s contactless playing cards.
British company Beneficial Systems analyzed the tactic with five main United kingdom banks, correctly bypassing the £30 utmost commit on all playing cards, irrespective of the terminal.
They also found that this assault is probable outside the house of the Uk.
Be careful: The assault works by manipulating two information fields that are exchanged among the card and the terminal for the duration of a contactless payment.