General Hacker Stuff -Point of Sale and other exploits

Forgot to reply to all so Dee's getting this twice. Sorry On Mar 1, 2017 5:25 PM, "o1bigtenor" <o1bigtenor@gmail.com> wrote: On Wed, Mar 1, 2017 at 3:33 PM, Russell Reiter via talk <talk@gtalug.org> wrote:
IMHO Here's a link to a must see Defcon 24 video. https://www.youtube.com/watch?v=mV_0k9Fh590
Modern Magstripe hacking & more.
They're using iron oxide not ammonium dichromate as I related in an earlier post but; refunding to a different credit card than the original one charged. Can't wait to see how this one turns out.
Does everything old become new again and if so how quickly does that happen?
When it comes to computers I'm thinking somewhere between 5 and 10 years. In regards to a lot of other areas its seems like the head shift every 25 to 30 some years means that there is a lot of redoing because that research, from the early part of the previous cycle, has been forgotten! I like a quote from the video, paraphrasing ... behind every point of sale system, there is an obsolete operating system. So you gotta wonder, is it forgotten or conviently omitted? I call this the RANDdumb factor. Microsofts first security flaw was when Bill Gates lost the punch tape at the faire. I don't see that they've impoved on that layer of trust at all. Why should they, in confusion there is profit. Microsoft & partners are very, very profitable. Thats why what they really sell is a solution to a problem which they themselves created by coveting a market, instead of opening up standards to a higher level of knowledge and oversight. Russell Regards Dee
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Russell Reiter