Flash Talk: EMV Circumvention
As EMV (Europay, MasterCard, and Visa) security measures become more widespread in Europe and North America, cybercriminals are increasingly crafting techniques to circumvent, or bypass, this technology. In a follow-up to Flashpoint's March 2017 Flash Talk on EMV skimming, Cybercrime Analyst Olivia Rowley discusses new methods cybercriminals are employing to bypass EMV protections when conducting in-store fraudulent transactions.
Methods covered will include:
• The "Punch" method
• NFC (Near Field Contact) smartphone technology for conducting in-store fraud
• Use of "1 Dip" chip cards, praised by cybercriminals for speeding up fraudulent transactions
*This Flash Talk was recorded and shared with Flashpoint customers on Tuesday, July 18, 2017.