Samsung Pay hack lets attackers skim cards to make fraudulent payments

By James Vincent, TheVerge.com, August 9, 2016 

Contactless mobile payments come as standard in Samsung’s latest Galaxy smartphones, but a hacker has found a way to intercept their signals.

In a presentation given at Defcon, Salvador Mendoza outlined a number of attacks targeting Samsung Pay, with the smartphone maker responding that it knew about this flaw, but that such attacks are “extremely difficult” to pull off.

The attacks outlined by Mendonza focus on intercepting or fabricating payment tokens — codes generated by the user’s smartphone that stand in for their credit card information.

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