Karsten Nohl--Major Alert-Extreme Vulnerabilities In Digital Payment Systems #41

Kasrten Nohl has a PHD in cryptography and is a worldwide acknowledged expert in digital security. He's extremely concerned about the potential vulnerabilities of the emerging global digital payment systems. As we transfer from magnetic credit card strips to purely digital systems, the potential for fraud and the profits from it are going up exponentially. In the end the consumer really doesn't have any control over the situation and must rely on business and government to be protected.