How hackers steal bank details from chip and pin machines
Security flaws have been identified in some chip and PIN terminals, which is suggested allows thieves to download a customer’s personal card details.
As a result, it is claimed that thousands of terminals, commonly found in shops and restaurants, will now have to re-programmed.
Experts uncovered the security flaw, which affects payment card terminals that use a card and PIN number for a transaction. Security consultants MWR Infosecurity showed they are vulnerable to hacking. Using second-hand terminals purchased on eBay, MWR accessed the computer code on which the terminals use.