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PIN security flaw uncovered

November 26, 2006

Finextra: A research paper by two Tel Aviv University students describes how financial transaction processing systems used by banks could enable bank workers to discover PIN codes. In two cases, flaws in the system could enable an attacker to discover PIN codes when entered by customers withdrawing cash from an ATM.

Transaction Processing Encrypting Pin Pads (EPP)Debit / Credit Middle East & Africa Bank / Credit Union Security

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