New ATM hack allows thieves to make off with up to $50k from a single chip-and-pin card
Touted as a safer solution to magnetic stripe cards, it seems the chip-and-pin (or EMV) counterpart might not be as secure as we once thought. After retailers around the globe made the switch to the new technology we’re now uncovering vulnerabilities in the cards that make them only marginally superior to their predecessor.
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