These were the best hacks at Black Hat and Def Con this year

Anyone in the US knows the pain of chip-and-PIN, the new debit and credit card payment system, after months of bungled rollouts and bad implementations. So here’s the worse news: it’s not as secure as you might think. A hacker can easily withdraw up to $50,000 from an ATM machine in just 15 minutes, even though card chips are meant to be more secure. The cost of the hack involves a steep investment of about $2,000 worth of equipment though.

Black Hat 2016