Wednesday, March 11, 2015
Urs Hengartner, an associate professor in the David R. Cheriton School of Computer Science, was quoted in a CBC News Go Public investigation regarding sequencing fraud and credit card security.
In the investigation, Hengartner explains that most Canadian credit cards use the same eight numbers at the beginning of every card issued as a bank identifier and there are only a certain number of possible combinations for the remaining eight digits. As a result, he explains that it is possible to figure out a person's credit card number but that banking security measures such as needing a PIN, billing address, and CSV or credit card security number are needed before purchases can be processed.
Read the full story via CBC News.