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Those chip and PIN cards aren't as secure as we thought
Chip and PIN cards and readers are finally rolling out in the United States. Unlike traditional magnetic cards, which use static information to make a transaction, these pieces of plastic create a new key with each purchase, based on a standard by Europay, MasterCard and Visa. That should make purchases or withdrawals more secure, since the information is only valid for 60 seconds. As it turns out, according to Rapid7 security firm researcher Weston Hecker, a lot can happen in that minute.
