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PIN Scandal 'Worst Hack Ever'

QuietLagoon writes "The evolving Citibank PIN scandal is getting worse with each passing day. Gregg Keizer of TechWeb News writes: 'The unfolding debit card scam that rocked Citibank this week is far from over, an analyst said Thursday as she called this first-time-ever mass theft of PINs 'the worst consumer scam to date.' ... The problem...is that retailers improperly store PIN numbers after they've been entered, rather than erase them at the PIN-entering pad. Worse, the keys to decrypt the PIN blocks are often stored on the same network as the PINs themselves, making a single successful hack a potential goldmine for criminals: they get the PIN data and the key to read it.'"

5 of 365 comments (clear)

  1. 1, 2, 3, 4, 5? by Quaoar · · Score: 4, Funny

    That's amazing! I have the same combination on my luggage!

    --
    I'll form my OWN solar system! With blackjack! And hookers!
  2. Re:PIN Collisions by ziggamon2.0 · · Score: 5, Funny

    Right... And you figured noone else would be 'leet' enough to figure it out? ;-)

  3. Re:Chip & Pin by duffel · · Score: 5, Funny
    Its a little more dificult to steal my face.

    Albeit somewhat more painful.
  4. Re:PIN Collisions by Dance_Dance_Karnov · · Score: 4, Funny

    admit it, it was 1337 wasn't it.

  5. Re:PIN Collisions by Peaceful_Patriot · · Score: 4, Funny

    My 14 year old daughter got xxx-1337 as her cell phone number. Unfortunately, she has little appreciation for the geekier things in life and is unimpressed by this honor.

    However, I have noticed the word 'WOOT' entering her vocabulary. Maybe some geeky-coolness is slipping into the mainstream afterall.

    --
    There is nothing so powerful as an idea whose time has come.