in the case of the target hack, that may have been enough for the hackers to make a counterfeit card. one researchers explains. to the employee everything loo s s normal. i can log in, make a selection and do a credit card swipe. it will ask for a cvv. i can put in a cvv, whatever numbers i want. then click pay. right? nothing seems untoward. for the customer, pretty standard. you re paid, you get your receipt, you move on. but for the hacker i have access to the entire mag strip data that s on this device and i can get all of this and enough nofgs create a whole different card. the target hack has some saying the u.s. is a little behind in times in terms of secure payments. well, more secure solution they have in europe right now is this chip and pin system.
we switch gears. the massive theft of credit and debit card theft at tar gat in recent weeks has highlighted the threat of credit card fraud but how do hackers actually make use of the data that they steal? here s laurie segall. hey, rosa. we want to take a look at what it reveals. take a look at what we ve found. if you ve done some holiday shopping at target, you might be wondering what a hacker could learn about you from your credit card. when you swipe, here s what a hacker could learn from the data in that magnetic strip. your name, your credit card number, the card s skpir yags dat date, and the cvv code on the back. they can get it by taking just what s on the strip.