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CurrentC, the Apple Pay and Google Wallet alternative, has already been hacked

By Shawn Knight
Oct 29, 2014
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  1. CurrentC, a contactless payment system backed by more than 50 major retailers, has been hacked. Parent company Merchant Customer Exchange (MCX) has notified customers that hackers managed to obtain the e-mail addresses of some participating in its beta program.

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  2. fimbles

    fimbles TS Evangelist Posts: 1,160   +198

    I will be sticking to my old chip and pin debit card. Stick card in hole, enter pin, done.

    No faffing with unlocking phone, opening app, Receiving QR code, give phone to cashier while she scans it.. ect..
     
    SalaSSin likes this.
  3. Heihachi1337

    Heihachi1337 TS Rookie Posts: 49   +11

    Rule one of internet security - if it is connected to the internet, it WILL be hacked. It is only a matter of when and how.
    I think I will stick to my chip and pin as well.
     
  4. Gamesinner

    Gamesinner TS Rookie Posts: 86

    You know for the life of me I can't understand why so many governments and businesses can't understand such a simple network security policy. If your information is so valuable that you don't want the wrong people to get a hold of it then don't put it on networks that are connected to the internet.
     
  5. Skidmarksdeluxe

    Skidmarksdeluxe TS Evangelist Posts: 6,476   +2,034

    Contactless payments? Does this mean that the bartering system I'm so familiar with is dying? It seemed so much more secure than this new fangled system . XD

    One would think so but unfortunately it's not just as simple as that.
     
  6. I'll just stick to using Currency.
     
  7. Yeah, go to a dealership with 5 or more thousands of dollars for making a down payment. Oh, yeah, you could write a cheque which is even more prone to thieves....

    What the NFC reading does is remove the magnetic strip in the back, that can be skimmed by cons.
     
  8. captaincranky

    captaincranky TechSpot Addict Posts: 11,690   +1,879

    Sure, why not? Just take your cash, your gun, and make sure you're not followed.

    That's most likely the best way to deal with Craig's List as well.

    Oh wait, I forgot, nobody can afford to pay cash for things these days. Never mind....:oops:
     

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