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Chamarti Sreekar

Passionate about Pos... • 1d

A guy in Delhi used his card at a store. Swiped it three times. Each time the machine said "transaction failed" and third transaction was finally successful , he went back home. a week Later, all money was gone from his account. What actually happe

Anonymous 2

Hey I am on Medial • 23h

How exactly do skimming devices work on modern chip-enabled POS machines? Are they targeting the magnetic stripe backup, or have they found ways to compromise chip transactions too?

Chamarti Sreekar

Passionate about Pos... • 23h

so for those new chip card machines skimmers mostly try to get the magnetic stripe data only, just in case, because that chip system is quite secure, It encrypts everything. Or, they try to mess with the machine's software itself, but breaking the chip's security directly is very tough let me attach a reel on how it's done

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