One of my new years resolutions was to learn more about NFC security. Not because I disagree completely with people saying it is over-hyped but since Chip and pin was added to credit and debit cards, NFC is one of the most interesting innovations in payments, at least in the west (Japan has been using NFC for years). NFC presents some really interesting security challenges so I have been reading a lot of research papers and buying coffee for a number of experts. What I have discovered so far really surprised me.
Was debating with a few security collegues whether this massive 77 Million + data breech would actually hurt Sony on the bottom line and discussing TJX as a good example where actually as a retail organization the impact may not be that large nor that permanent.
Written by Rakkhi Samarasekera