Secure credit cards have a major flaw that lets hackers steal millions

%name Secure credit cards have a major flaw that lets hackers steal millions by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

Dumb debit and credit cards that can be easily replicated by hackers after stealing the data in their magnetic strips — which is what happened with card data stolen in cyber attacks hitting Target, Home Depot and many others — will be a thing of the past in the U.S. starting on October 1, 2015, as they will be replaced by more secure chip-and-PIN (also known as EMV) cards. However, Wired reports these cards aren’t as secure as you expect, and hackers have already found a way to steal money from them without actually needing access to the cards.

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