Chip & PIN is definitely broken

Presented at Black Hat USA 2011, Aug. 4, 2011, 4:45 p.m. (75 minutes).

Credit Card skimming and PIN harvesting in an EMV world. We analyze the practicality of credit card information skimming, cloning and PIN harvesting on Chip & PIN enabled POS terminals. We intentionally ignore Magstripe skimming (which is still effective and widely used) and focus on the chip interface.

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