Over 383 million people now use Apple Pay as a form of payment. However, researchers have found a hack on Apple Pay when using Visa could put consumers at risk.
In a video, the researchers show that a flaw in the Visa system means criminals could exploit an Apple Pay feature that’s designed to help users pay quickly.
The “Express Transit” option is a feature that was aimed at commuters wanting to make fast contactless payments without unlocking their phones.
But, it also means someone could make a large contactless Visa payment on an iPhone or Apple Watch without having to open an app, unlock the device, or validate it with Touch ID, Face ID, or a passcode.
Despite Apple claiming the payments are secure and it’s unlikely this type of attack would take place, researchers say that there’s a weakness in the system that could be problematic.
The researchers from the Computer Science departments of Birmingham and Surrey Universities demonstrated that fraud could take place in the following way:
There’s currently no evidence that criminals are exploiting this weakness in the system. So far, it’s only been demonstrated by researchers to be possible.
But, the researchers point out that this needs to be fixed quickly, as it could be a worry for someone with a lost or stolen phone.
In addition to this, it’s important that consumers are aware of the risks so they can take action – anyone that loses their phone or believes it has been stolen should use Apple’s iCloud to immediately wipe their phone and block the Apple Pay feature to stop any payments.
With inflation and rising living costs affecting more consumers, the issue of ‘shrinkflation’ is becoming…
The Environmental Protection Agency (EPA) has announced a ban on methylene chloride in products for…
Ozempic and other GLP-1 drugs are usually prescribed to treat diabetes. Recently, the endorsement of…
Grindr, the world's largest dating app catering to the LGBTQ+ community, now faces legal action…
At least two states have seen people hospitalised with symptoms resembling botulism after undergoing cosmetic…
In the last few years, Amazon, like other online retailers, has been experimenting with the…