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Tuesday, December 6, 2016

How Hackers can use web bots to guess your Visa card details.

Newcastle University research reveals the ease with which criminals can hack an account without ANY of the card details.
Find out more http://www.ncl.ac.uk/press/news/2016/...

If you've punched in credit card details while shopping online, you've probably wondered how secure those digits are. According to Newcastle University, the answer is: not very. Its researchers have discovered that thieves are using web bots to guess Visa credit and debit card info thanks to a flaw in the company's payment system. The biggest challenge is obtaining valid 16-digit card numbers, usually by buying them or using an algorithm to generate valid examples. After that, the bots find expiration dates and CVVs (that three-digit number on the back) by spreading guesses across hundreds of shopping sites, plugging numbers into fields until they hit the jackpot. While that sounds like a painstaking process, the bots can figure things out in 6 seconds.

 Source : http://www.ncl.ac.uk/press/news/2016/...

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