32C3 - Shopshifting - The potential for payment system abuse

Great talk by Security Research Labs (same people behind Bad USB) about their research on vulnerabilities in payment terminals etc. Includes working live demos!

Payment systems are old and have – unlike card protocols – seen little scrutiny so far. This talk enumerates design and implementation flaws in payment processing systems, which can defraud consumers and merchants.

Karsten Nohl, Fabian Bräunlein, dexter