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Friday, December 01, 2006

Hacking away at ATM security

CNET "Bloggers were abuzz this morning over a new report on MSNBC about possible attempts to undermine the security on ATMs. The Web site claims that Israeli researchers have discovered a 'fundamental weakness' in the security system banks use for PINs for debit cards.
And someone is already trying to exploit that weakness. MSNBC got hold of a Secret Service memo that indicates organized criminals in Russia are 'systematically attempting to subvert the ATM system and unscramble encrypted PIN traffic.'"
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