[Video] How to Hack a Credit Card in Six [6] Seconds, Experts Reveal
As the world attempts an upgrade to a cashless society, cyber security experts have raised serious concerns and revealed how to find credit card information – including expiration dates and CVV numbers – in just 6 Seconds. And what's more interesting? The hack uses nothing more than guesswork by querying multiple e-commerce sites. In a new research paper entitled "Does The Online Card Payment Landscape Unwittingly Facilitate Fraud?" published in the academic journal IEEE Security & Privacy, researchers from the University of Newcastle explains how online payments remain a weak spot in the credit card security which makes it easy for fraudsters to retrieve sensitive card information. The technique, dubbed Distributed Guessing Attack , can circumvent all the security features put in place to protect online payments from fraud. The similar technique is believed to be responsible for the hack of thousands of Tesco customers in the U.K last month. The issue rel...