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A Day After Tim Cook's Veiled Threats, ApplePay Alternative Gets Hacked
Just yesterday Apple's executives went on the offensive against retailers that refused to play by the Cupertino company's rules with veiled threats. So it is ironic at best that today, Wal-Mart's alternate-to-ApplePay mobile payment system - CurrentC - has been hacked. The company explains "within the last 36 hours, we learned unauthorized third parties obtained email addresses of some" of their clients...and "no other information."
From CurrentC
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Apple, the low-hanging-fruit, this time.
These 'financial' hacks are popping up faster than bankers at a Fed pre-QE4 party.
All the more reason to keep some fiat cash on hand as well as plenty of PM's. The precious metals have yet to shine as bright as they will once the fiat begins to fail.
Electronic warfare between cartels.
Covered in Star Wars Episode I, meeza think.
Near Field Communication, So Far Away.
Its a Trap!
Bitcoin survives. ApplePay will not.
Once again, fuck you Tim Cook...
I can see we have some loser AAPL groupies here....
When the CEO of a public company publicly states that anyone that is a "climate change denier" should not invest in AAPL, I knew it was time to sell... Hence my attitude toward Tim Cook...
I spend a large amount of time these days as a consultant on network security and most of these companies problems are self-inflicted. They want security but they won't do what's required since its 1) complex and time consuming and 2) expensive, requiring high quality equipment and expensive security people running the show. Some of the worst security holes can e traced directly to management who won't buy hardened equipment and offshore jobs to code monkeys in foreign countries.
I find it humorous that an app on a smart-phone would even have an email address.
Well, phone numbers are so 19th Century! :>D
speaking of computers problems a ZH generated dupe....
They will shine like never before. The Illuminati have been defeated and there will never be a NWO. Guaranteed by the Galactic Federation who represent God and cannot tell a lie. The global currency is about to be restructured on PMs. China and India and Russia know it. Why do think they are loading up on gold?
the retailers care so much. about what i have no idea. [/thornton melon]
Good answer, I'm going to be watching you.
http://www.youtube.com/watch?v=Fj5k6toS7i8
In response to Roman numeral... section three, part two... of subset D... of the question... the answer is...
Mr. Melon? Mr. Melon?
Hey, relax. This man's been put under a lot of pressure. Let's take it easy on him. Say it! Say it!
The answer is... four?
"No Hacker left behind!"
I'll pay with my own card no thank you.
For the love of god... paying with your cell phone...
It really destroys any restraints on spending if you don't have anything that is only connected to spending money.
A cell phone is linked to calling and playing games.
Pavlof's dog? Anybody?
Idebt.
Just hand me your wallet and your bank account. I'll look after it for you. You can trust me because I'm rich, you don't know my name, and I live on the other side of the world.
Here, how would you like to look at these "apps"? They're free, sorta, for now ...
iFucked....
I'll only pay in cash, thank you.
Make sure to pay attention to the math of the young bucks behind the regsiter. Math is apparently no longer taught at schools.
It's still taught because the teachers' unions don't want to lose a bunch of people. Unfortunately each class starts with the teacher telling the kids, "you don't really need to know this because computers will do it for you."
I quiz my kids regularly on how much x is going to cost or how much change am I getting back.
Sure it is, it's just Common Core math. If you can elloquently explain (B.S.) how you came to get the answer, no matter how wrong it is, you still get a gold star!
And I bet that those who can actually do maths are the last to get any jobs - even if those jobs involve maths.
Interestingly, paying by cell phone is more common in undeveloped third world countries. Of course their pay by cell phone technology is much more secure than ours.
They have an advantage over first world nations. They did not have to integrate old technology into the new since there was no infrastructure to begin with. And with resources limited they need to be secure the first time.
That is not to say they don't have problems. But there are distinct advantages to being second or third to the technology table.
So paying by cell phone is very common in America ?
Or i don't get it....
Sorry European, what's a cell phone ?
Too funny.
Please excuse my "American" self centered thinking. I still 'think' "We the People" are a first world nation. How silly of me. :)
Yeah, we tend to think that way.
You do know that Europe had cell phones years before America had them and it took almost a decade before America had something that could almost qualify in quality as the european networks.
They don't teach you that on the Disney channel he? :)
now you are being silly. cellular phones are ubiquitous, in Spain, or in Europe in general
meanwhile what is also quite widespread is the same NFT technology that the new iPhone uses, but with smartcards of the bank debit card (but also credit card) sort
the EU, bless their silly hearts, are still thinking about blocking the iPhone and similar systems, saying that the card system is safer. of course Apple is livid, and joins the megacorp chorus of "down with the EU tyranny", together with Google, Microsoft, Monsanto, Uber etc. etc.
silly little thing, the EU, constantly distressing the poor, poor megacorps trying to make a megabuck or two. sometimes Brussels behaves as if they received a mandate of caring for consumers! the arrogance of this behaviour is appalling.. /s
http://www.aviso.io/technical-issues-apple-pay-europe/
That's simple, the EU hates everything that isn't "EU controlled".
Didn't read about them having a problem with iPhonePay.
The EU has a robust system that was created by people with a nice paranoid outlook. America has a system that is easy for the banks to take a big rake-off since the regulations are set up to blame EVERYBODY ELSE first.
And all this bollocks is from a country that doesn't have chip and pin as standard yet. Give me a break
makes you wonder if the EU is one of the last Western institutions not willing to take it up the a$$ by the corporate juggernauts.
is it too good to be true?
In Africa, people have been using cell phone credit as payment since some time ago.
Maybe it's a sign of real (freely chosen) money according to the resources and needs available.
Nothing to do with centralized (client-SERVER) payment systems (taxpayer-CENTRAL BANK) like ApplePay.
If one thinks a little about it, it's just AMAZING; no need for PhD or state-driven education for acting wisely.
Go PMs... Go BTC...
Actually, the octopus system is already pretty old in South Korea but they're way more developped tan America. Compaired to them, America is a 3th world country.
A cell phone is linked to calling and playing games.
And taking pictures, the most important function of a cell phone.
And if you press the wrong button while paying you automatically get a selfie posted on social media of you paying..... i give up.
Don't call me i won't call you.
Paying with your cell phone with your credit card info on it. This gives the NSA/CIA/FBI two sources for the same data point. Genius.
...then validate with your fingerprint and you are their prisoner.
The mobile phone payment system came to us from Africa's poorest regions, believe it or not. It was derived out of necessity, due to the fact more people there had access to cell phones than to any other service such as banking. They invented ways to process payments, issue credit and do direct person-to-person transaction with electronic devices that were available on hand.
The 1st world does not share same necessities as the places where mobile payments originated. However, some form of consolidation is inevitable. Cell phones are the hubs of modern existence so it makes logical sense to expand their function. Personally, I would rather go for a power-independent device for any kind of authentication. Plastic cards work well enough. Small, durable, water resistant, easy to conceal.
Smart watch migh be a dumb idea, but I wouldn't mind having an RFID type bracelet, with an active coil and no onboard power, ensuring it can't get cloned as easily as typical RFID cards. Say, a bracelet that activates in the presense of a magnetic field and allows the user to either confirm or decline request, be that a mobile payment, a car's ignition, an electronic door lock or a computer login. Plenty of gizmo bracelets around, but none perform such functions. Most are nothing but fancy pedometers and people pay $100's for something that used to come free with a box of cereal 20 years ago.
New handyman clerk at Lowe's is a robot
WE had one at our store here. He's now locked up in the cage in the garden section with the propane tanks...word is,
The night watchman caught him fucking the shopvacs!
Roboshop.
Buy more items, or there'll be..... trouble!
Shocking!! I always wondered why a PC would get hacked but not an Apple computer. Guess I just found out why. Must be why Apple has added $65 billion in market cap in 14 days.
The PC / Apple hacking was always about market share. When PCs had 90% it didn't make as much sense to go after Apple products.
I've heard that for years but 10% is still a big number and if these computers have no virus protection would seem an easy thing to do. Most of the time I think its companies that make the software to protect PC'S that are doing the hacking, creating a need for their products. Perhaps I'm just to cynical but would seem a great way to create business.
I'm sure it's happened. Also keep in mind that the government knows about security exploits and doesn't tell the software companies so that they can use them for spying. Even though they set up a function where people can submit exploits under the guise that they will work with companies to patch them. An insider blew the whistle on it a few years back, but it's not illegal and they just said they don't.
Yes. Just like the guy I read about with an auto glass shop who paid thugs to go around breaking car windows in the neighborhood.
can't they just hack each other to death?
Do the masses get more nude selfies of dumb people who think too much of themselves?
The first banker to jump off a building with a GoPro would be a legend.
Bitcoin solved all these problems a few years ago. Why are companies trying to innovate by making wheels into squares? Can someone explain like I'm 5?
Unless you have your own pipes, the only thing worse than trusting a banker is trusting some greasy telco executive.
Yep, it's easy to make bitcoin disappear from the net if you can control the backbone like the government can... but it's for the good of the country don'cha know....
Electronic currency is the holy grail for governments. Who doesn't want in on that action (from the standpoint of Apple, Google, etc.)? Anything outside the ability of government to regulate, tax, etc. is DOA.
When TPTB want it to be trustworthy, it will be trustworthy. Until TPTB no longer want it to be trustworthy.
No-one should be allowed to perform electronic transactions until they understand how to program computers. And how to build computers. Then they can make a more informed decision. But then they might ask awkward questions.
Bitcoin users not affected.
cashless society, then the takeover is complete
A warning hack from HQ. Time is money. Deliver results or suffer the consequences
https://encrypted-tbn1.gstatic.com/images?q=tbn:ANd9GcSP8H_IwqUlACWrsdqU...
http://cdn.mactrast.com/wp-content/uploads/2014/10/CurrentC_logo-100x100...
??? (the links)
currenctC, with its shitty user experience among others, is a joke
The problem with the CurrentC system, as John Gruber points out, is that it’s based more around solving the retailers’ credit card fee problems than the consumers’ payment friction problems. Users have to open their phone, open CurrentC, open the scanner, scan the code from the cashier, and wait for the transaction to be confirmed. That may present more friction than simply paying with a credit card, and it’s certainly harder than a quick Touch ID verification and tap of Apple Pay.
http://techcrunch.com/2014/10/25/currentc/
Implanted BitChips. IPO will come at $20 and close at $50 - who wouldn't want a piece of that? Then the reality. You can't buy, sell, travel, etc. without one. The new "Don't leave home without it" cue for the ultimate takeover. Ebola, ISIS, terror on the home front, financial collapse (which I believe we all realize is coming) and the close: 'Everyone must have the implant - it's for the children.' Like a thief in the night, baby. Off-grid won't be off enough.
It would be real shame if something happened to this nice store you got here....
It isn't fully about lowering consumer friction - I have a mastercard with paypass that works with the same nfc terminals applepay does and it is even quicker than applepay.
I just hold my wallet (unopened) right up to the nfc scanner/terminal, and it registers the sale and off i go.
Now, since there is no tokenization it is less secure than apple pay, but in self serve checkout, it is faster then getting my card out and swiping.
Is the wallet in your jeans ass pocket when you perform that maneuver?
Time to get disruptive!
Apple, you are too big to fail. Time for plan B...throw down the gauntlet. Issue your own currency and demand all Apple products be paid for with Apple Dollars. Then declare war on Canada. (they're probably easier to beat than China.)
And NONE of these generate any new real wealth, add any new value or raise anyone's standard of living. Produce, as usual, NOTHING.
And now the fraudsters are reduced to cannibalizing one another and fighting over each other's carcass...
The username the phallic crusader has not been activated or is blocked.
ZEROHEDGE: NO FACT-BASED CRITICISM OF ISRAEL ALLOWED.
Cook: Nice business ya got goin here Mr Retailer, be a, you know, a real shame if anything was ta happen to it, if you know what I mean...........
So Apple in cahoots with the NSA? Wouldn't surprise me.
Apple users lack any technological knowledge (otherwise you wouldn't buy this shit) and are the perfect sheople.
Of course Apple is in cahoots with hackers. IT's not many weeks since several retailers got hacked too, Just ahead of Apple Pay's launch.
I,m sure Apple has their own in-house hackers......running Kali, of course.
I invite them to try and hack the cash in my pants.
Cell phones render their users prisoners of, and to, the whole cell phone and network system.
It only costs you 700 bucks per year to access your own cash. Plus the bank fees. Plus the transaction fees.
go figure
this is cyber war.
or one fine coincidence.
When European Banks are being bailed out by QE programs (taxpayer's money),old Uncle Sam who is trillions of bucks in debt probably just had to pick up the blower and level with the EU.Both need the tax money.Both are essentially insolvent.It means that when governments are desperate to pay their bills somebody is going to get it.The baby boomers are really going to pressure these guys,the demographics don't match the taxes that need to be collected.It's one big lie to everybody.
Apple has a lot of 'friends' in the form of customers and investors with a stake, financial or otherwise, in its outlook. All Apple has to do is insinuate something negative about a rival and some of the stakeholders are likely to 'do something'.