We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close

EMV security protocol questioned

International Payments

EMV security protocol questioned

A group of Cambridge University scientists have discovered a flaw in the EMV smart card protocol, which they said enables criminals to use genuine cards to make a payment without knowing the personal identification number (PIN) related to the card. Moreover, the criminals can remain undetected even when the merchant has an online connection to the banking network.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click login button.