Beware! Your Credit/Debit Card Can Be Hacked In Just 6 Seconds
Beware! Your Credit/Debit Card Can Be Hacked In Just 6 Seconds Card number, expiry date, CVV2, address -- everything is guessable Short Bytes: A new attack mechanism, called Distributed Guessing Attack, can steal your credit and debit card details in as few as six seconds. This assault exploits two basic security flaws in the online payment systems–unlimited guesses on payment pages and variation in the payment data fields. T oday, different kinds of cards have become the de facto means of online payments. This has also resulted in an increase in the number of online frauds taking place every month. The current situation, automatically, presents before us the question — what security methods are being taken to ensure a safe cashless transaction? The researchers from the University of Newcastle have carried out a research and published their results in the IEEE Security & Privacy Journal. The study shows how an attack mechanism, called Distribut...