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Friday, August 1, 2014

Debit Card Overcome Hack


Parrish allegedly visited Apple Stores and tried to buy products with four different debit cards, which were all closed by his respective financial institutions. When his debit card was inevitably declined by the Apple Store, he would protest and offer to call his bank -- except, he wasn’t really calling his bank.
So, the complaint says, he would offer the Apple Store employees a fake authorization code with a certain number of digits, which is normally provided by credit card issuers to create a record of the credit or debit override.
Now that this trick is public, how long before stores stop accepting these authorization codes altogether? I'll be that fixing the infrastructure will be expensive.

Clever:

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