Everyday we are having huge breaches of the credit card data, where personal and credit card details are stolen in millions! You know why? Because the whole security system of the credit cards is a room with no back wall – metaphorically speaking! 90% of credit card machines currently use the same password as the default when they set one up for you. That is why nearly every credit card machine can be hacked in the country! And, so its an easy pass for all the hackers to make merry with the data of these credit cards.Credit Card is a joke: 90% of credit card readers currently use the same password! Click To Tweet
The passcode, set by default on credit card machines since 1990, is easily found with a quick Google searach and has been exposed for so long there’s no sense in trying to hide it. It’s either 166816 or Z66816, depending on the machine.
With that, an attacker can gain complete control of a store’s credit card readers, potentially allowing them to hack into the machines and steal customers’ payment data (think the Target (hacks all over again). No wonder big retailers keep losing your credit card data to hackers. Security is a joke.) and Home Depot ( )
This latest discovery comes from researchers at Trustwave, a cybersecurity firm. Source: CNN
There is, therefore, a big reason why you need to change the passwords for your credit cards immediately after getting them.
Featured Image source: Flickr