Skip to content
August 5, 2011 / David Bleeker

Mobile Payment System Square Vulnerable to Card Fraud

White Hats have exposed a major security vulnerability in the US based mobile payment service, Square.

Zac Franken and Adam Laurie, two security experts of the firm Aperture Labs revealed to the world how they used a homemade software program and an iPad wire to deceive Square- Mountain View’s payment service with supposedly “tight” security features.

According to Laurie, he could type in credit card numbers in his PC, which instantly got converted into sound data and subsequently send to Square, wherein the transaction was registered just the way a real card would have when swiped in a dongle. [read more]

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: