Deadline for Better Encryption on Payment Systems Pushed Back Two Years (pcisecuritystandards.org)
An anonymous reader writes: The Payment Card Industry Security Standards Council (PCI SSC) has announced (PDF) that it will push back the mandatory implementation of TLS 1.1+ encryption, over the very insecure SSL 3.0 and TLS 1.0 protocols, subject to POODLE attacks. PCI SSC cites "complications" that may come from dealing with EMV chip&PIN cards in the US, the new mobile payment platforms, and browser upgrades for the insecure SHA-1 algorithm.
Choosing convenience over security with continuing to allow known weak and broken ciphers, PCI just lost all credibility. May as well dissolve it.
I got my EMV card from my bank, which is one of the few that is actually implementing the cards with a PIN. (Hooray for my bank!)
Guess what? I have found exactly one store where it works: Target. Every other store I've been to, every one, still uses the mag stripe and a signature, with the exception of Rite-Aid where they couldn't accept my card at all and I paid cash. Store personnel are whinging to high heaven about how horrible EMV cards are, how this will never work, how it's totally unreasonable of the banks to force this on them, etc. etc.
Go to Europe? It's been working seamlessly for twenty years now. Why the fuck are Americans so fucking stupid?