jm + cards   3

PayWave & PayPass deletion via RFID antenna kill
remove RFID from a payment card with a single drilled hole
rfid  banking  cards  debit-cards  credit-cards 
november 2016 by jm
[Cryptography] Bridge hand record generator cracked
'How to cheat at Bridge by breaking the tournament card-dealing random number generator', via Tony Finch
crypto  security  rngs  prngs  random  bridge  cards  via:fanf 
september 2016 by jm
IPSO representative trivialising impact of the Loyaltybuild data breach
A very worrying quote from Una Dillon of the Irish Payment Services Organisation in regard to the Loyaltybuild incident:
“I wouldn’t be overly concerned if one of my cards was caught up in this,” Dillon says. “Even in the worst-case scenario – one in which my card was used fraudulently – my card provider will refund me everything that is taken”.


This reflects a deep lack of understanding of (a) how identity fraud works, and (b) how card-fraud refunds in Ireland appear to work.

(a): Direct misuse of credit card data is not always the result. Fraudsters may prefer to instead obtain separate credit through identity theft, ie. using other personal identifying data.

(b): Visa debit cards have no credit limit -- your bank account can be cleared out in its entirety, and refunds can take a long time. For instance, http://www.askaboutmoney.com/showthread.php?t=174482 describes several cases, including one customer who waited 21 days for a refund.

All in all it's trivialising a major risk for consumers. As I understand it, a separate statement from IPSO recommended that all customers of Loyaltybuild schemes need to monitor their bank accounts daily to keep an eye out for fraud, which is pretty absurd. Not impressive at all.
loyaltybuild  ipso  money  cards  credit-cards  visa  debit-cards  payment  fraud  identity-theft  ireland 
november 2013 by jm

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