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Chip-and-PIN flaw to be investigated by industry body

The body that oversees the technology behind chip-based payment cards is to investigate chip-and-PIN security, following claims that the protocol has been broken.

The specification body, EMVCo, said it will analyse a paper by researchers from Cambridge University, who demonstrated an attack with a valid payment card that did not require a valid PIN to be entered to complete a transaction.

EMVCo, owned by American Express, JCB, MasterCard and Visa, said those debit- and credit-card payment companie...

Almost $500,000 still missing after $3.8 million heist

Was Citibank the Victim of a Massive Breach?

Was Citibank breached by hackers who siphoned tens of millions of dollars from the bank's customers?

The Wall Street Journal on Tuesday reported news o...

FBI Probes Hacks at Citibank and Gov't Agency

The Federal Bureau of Investigation is probing a computer-security breach targeting Citigroup Inc. that resulted in a theft of tens of millions of dol...