Exclusive: Hack Breaks Your Visa Card’s Contactless Limit For Big Frauds

Exclusive: Hack Breaks Your Visa Card’s Contactless Limit For Big Frauds

Posted July 29, 2019

Exclusive: Hack Breaks Your Visa Card’s Contactless Limit For Big Frauds

Source: Forbes
By: Thomas Brewster
Published: July 29, 2019

* Think that £30 limit on contactless payments is going to protect you from big thefts? Think again. * Security researchers have found a way to bypass that limit on Visa cards. Their hack, which isn’t limited to U.K. cards, could let opportunistic crooks drain accounts with a single tap, and they claim they don’t even need to steal the credit card… * and little on Visa’s side is being done to address this fresh fraud threat.