Will skimmers be rendered obsolete by chip cards? It seems like this will all be over when the last magnetic strip reader is shut down. Although I've never seen a chip reader at a gas station, so it may be a while.
It is impossible (yet) to hack chip & pin. The problem is that even chip cards have a magstripe that can be skimmed. EMV[1] enabled fallback funtionality by default, which is the biggest issue imho. Basically, if your chip is broken, a terminal goes through fallback mechanism and uses magstripe instead. This way you can clone a card with "broken" chip and copied magstripe. Some banks allow to disable (opt-out) magstripe for chip cards, so unless you are in US, you should do that. I've seen some people intentionally scratched magstripe, but I'm not sure it's a very good idea.
kbart|9 years ago
1. https://en.wikipedia.org/wiki/EMV
emp_zealoth|9 years ago
ROFISH|9 years ago
callmeal|9 years ago
https://www.rt.com/usa/354657-chip-pin-cards-blackhat/
startling|9 years ago
This is a talk from 2012, so things may have changed.