How to steal a million dollars (actually, $999,999.99) – no PIN required

Researchers at Newcastle University in the UK have come up with a surprising way of attacking contactless payments.

The £20 safety limit for PINless transactions evaporates if payment is requested in a foreign currency, potentially opening the way to a $999,999.99 cup of coffee…

Read more: How to steal a million dollars (actually, $999,999.99) – no PIN required

Story added 5. November 2014, content source with full text you can find at link above.