Chip and PIN is Broken To appear at the 2010 IEEE Symposium on Security and Privacy ( draft )

@inproceedings{Murdoch2010ChipAP,
  title={Chip and PIN is Broken To appear at the 2010 IEEE Symposium on Security and Privacy ( draft )},
  author={Steven J. Murdoch and Saar Drimer and Ross Anderson},
  year={2010}
}
EMV is the dominant protocol used for smart card payments worldwide, with over 730 million cards in circulation. Known to bank customers as “Chip and PIN”, it is used in Europe; it is being introduced in Canada; and there is pressure from banks to introduce it in the USA too. EMV secures credit and debit card transactions by authenticating both the card and… CONTINUE READING