27 Dec '15, 3pm

Protocol Level Flaw with Card Payments Makes Bitcoin Seem a Lot Safer - newsBTC

Both the security researchers, Karsten Nohl and his partner Fabian Braunlein are expert code-breakers who targeted the payment terminal protocol to identify the security flaw. The security flaw can be utilized by hackers to drain the bank accounts connected to any compromised card. In order to do that, the hacker just has to be connected to the same wireless network as the POS terminal. This is one of the largest security flaws in electronic payments protocol identified so far. It has the potential to put billions of electronic cards as well as the accounts of the business establishment connected to the terminal (shops/businesses).

Full article: http://www.newsbtc.com/2015/12/27/card-protocol-flaw-bitc...

Tweets

How to Accept Bitcoin Payments, Tips, and/or Do...

thebitcoinpro.com 02 Jan '16, 12am

Mycelium Gear is an open-source little widget that you can put on your website to make accepting Bitcoin easy, organized, ...