The hidden lab where bankcards are hacked

Source: National Cyber Security – Produced By Gregory Evans

Decoding PIN numbers and credit cards can bring criminal groups vast wealth. Paul Marks visits a secret facility where one financial giant is fighting back – by trying to hack their own products. It couldn’t get any more steampunk if it tried: a wooden robot hisses like an airbrake as a blast of compressed air shoves its arm sideways, sending a credit card attached to it clattering through a card reader. The machine then hisses again and yanks the card back, ready for yet another swipe. This pneumatic push-me-pull-you routine is comically hypnotic to watch – and it continues until someone decides its task is complete. This wheezing automaton is no museum exhibit, however. It has a key job in pre- and post-crime forensics at payment firm MasterCard’s digital security lab in the north of England. This is where MasterCard’s engineers try to work out how thieves will attack the vast array of digital payment systems we all use today – whether they are old-style magnetic stripe credit cards, contactless chip-and-PIN debit cards, smartphone-based biometric systems like Apple Pay – or even upcoming wearables that will use novel biometrics like your heartbeat pattern for payment authentication. To do this, the Mastercard DigiSec […]

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