Source: National Cyber Security – Produced By Gregory Evans PayWave technology is making it easy for criminals to use stolen bank cards for their own financial gain, a judge says. However, banks say there are measures in place to track fraudulent spending and safeguards to prevent customers from losing The…
Apple says it won’t let banks use the contactless payment tech in iPhones for security reasons
Source: National Cyber Security – Produced By Gregory Evans Apple really doesn’t want to let anyone else use its contactless payment technology. Modern iPhones come bundled with NFC chips that let users pay for things easily via Apple Pay, and the Cupertino giant is fighting back against attempts from The…
AUSTRALIAN OFFICIALS EYE CONTACTLESS PAY OPT-IN RULE
Source: National Cyber Security – Produced By Gregory Evans In Australia, a government committee has said that consumers should be allowed to disable contactless payment features, ZDNet reported Monday (Sept. 7). The recommendation from the parliamentary joint committee on law enforcement said in a report that financial institutions that issue…
Barclays contactless card users exposed to fraud
A flaw has been discovered in Barclays contactless bank cards that could allow customers’ data to be stolen and used fraudulently without them even knowing about it. An investigation by ViaForensics, in conjunction with Channel 4 News, has revealed that data can be lifted from Near Field Communications (NFC) chips…
