Is Square the Next Big Thing?
Back in September this year when Twitter founder and inventor Jack Dorsey left the company, to a work on a new project, everyone was skeptical at best when he said “I came back to St. Louis to find the next thing, and I found it.” Obviously we are aware of the Genius of a person that Jack is, so expectations are quite high. Well today he’s revealed this next big thing to world as Square. The idea – let people quickly and easily accept physical credit card payments from their... Read The Rest →
Breaking : Credit Card Magnetic Strips Hacked!
If the security risks faced by credit card users weren’t already enough, now the security information that is stored in a magnetic strip behind the card can be hacked and be used for malicious purposes. Hacking the data on the magnetic strip so far has been unsuccessful but RFID security guru Adam Laurie has come up with a test program named CHaP.py, specifically designed to read the chip and PIN credit cards that comply with the EMV standard. Here’s what Wikipedia has to say about the EMV Standard : The... Read The Rest →
