Preplay Attack on Chip and PIN
Our new paper shows that it is possible to create clone chip cards which normal bank procedures will not be able to distinguish from the real card.
When a Chip and PIN transaction is performed, the terminal requests that the card produces an authentication code for the transaction. Part of this transaction is a number that is supposed to be random, so as to stop an authentication code being generated in advance. However, there are two ways in which the protection can be bypassed: the first requires that the Chip and PIN terminal has a poorly designed random generation (which we have observed in the wild); the second requires that the Chip and PIN terminal or its communications back to the bank can be tampered with (which again, we have observed in the wild).
Posted on May 20, 2014 at 2:01 PM • 19 Comments