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Citibank Tries to Hush ATM Crypto Vulnerability

Posted by michael on from the be-vewwy-vewwy-qweit dept.

palme999 writes "Citibank is trying to get a gag order for new vulnerabilities found in the cryptographic equipment commonly used to protect the PINs of ATM transactions. The vulnerabilities came to light during a court case involving 'phantom' ATM transactions that users deny making but that banks still charge to customers accounts because they claim their systems are secure."

4 of 385 comments (clear)

  1. How clever! Reverse karma whore. by Mothra+the+III · · Score: 0, Troll

    It the great /. tradition of saying something fast rather than saying it properly. Nice work!

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  2. Re:Choose your own PIN by Old+Wolf · · Score: 0, Troll

    NZ is also (mostly) immune to these problems because banks don't store PINs. All transactions are done online to one big server which has very tight access controls.

  3. Re:right to know by SpaceLifeForm · · Score: 0, Troll

    Mods, save your points for me since I'm going to be poking my GF later.

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  4. Re:Release the lawyers!!! by stephanruby · · Score: 0, Troll
    Actually, I would be happier with a settlement that forced atm usage to be free.

    Why stop there? Why don't you force all business owners to let us use their phones for free?