Cracking the Uncrackable: Cybercriminals Deploy EMV-Bypass Cloning

Key Findings New research by Cyber R&D Lab detailed a method of bypassing EMV technology to monetize supposedly secure cards. This method, EMV-Bypass Cloning, leverages information from one technology (EMV chips) and converts it into another less-secure technology (magstripe), which allows fraudsters to rely on their familiar cloning techniques. To test this theory, they chose … Continue reading Cracking the Uncrackable: Cybercriminals Deploy EMV-Bypass Cloning