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New Paper: Attacking Bank Card PINs

Tags » ATM, Bank Technology, Card Fraud  » Comments (0)

Bruce Schneier blogs about a recent paper by Omer Berkman and Odelia Moshe Ostrovsky titled "The Unbearable Lightness of PIN Cracking" (PDF) saying "basically, the paper describes an inherent flaw with the way ATM PINs are encrypted and transmitted on the international financial networks, making them vulnerable to attack from malicious insiders in a bank."

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