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Turning my Virtual Wallet into a skimming device: Mpos solutions.

Conference:  Defcon 31

2023-08-01

Authors:   Dan Borgogno Security engineer @ LATU, Ileana Barrionuevo Security engineer @ NaranjaX


Abstract

In third-world economies, cheaper often means more accessible. In recent years, there has been a growing interest in modern mobile wallet solutions that allow you to save money, make transactions, payments, and transfer funds to friends or clients with the help of MPOS devices. These small, durable, and simple devices can be used to read credit card information. However, these solutions have vulnerabilities that can be exploited. In this talk, we will provide real-life examples of money theft, credit card information skimming, Bluetooth communication tampering, and hardware hacking associated with these solutions.

Materials: