Researchers discover bypass ‘bug’ in iPhone Apple Pay, Visa to make contactless payments

UK academics have uncovered mobile security issues in Visa and Apple payment mechanisms that could result in fraudulent contactless payments. A paper on the research, “Practical EMV Relay Protection,” (.PDF) is due to be published at the 2022 IEEE Symposium on Security and Privacy, and has been authored by Andreea-Ina Radu, Tom Chothia, Christopher J.Newton, Ioana Boureanu, and Liqun Chen.

Link: Researchers discover bypass ‘bug’ in iPhone Apple Pay, Visa to make contactless payments
via http://www.zdnet.com

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