Eran Kahana Quoted in TheStreet.com Article on Chip Credit Card Safety
June 30, 2015
Eran Kahana, member of Maslon's Advertising & Marketing and Business & Securities Groups, is quoted in a June 25, 2015, TheStreet article titled, "Chip-And-PIN Credit Cards Are Not as Safe as You Think." TheStreet is a leading digital financial media company whose network of digital services provides users, subscribers, and advertisers with a variety of content and tools. The article discusses shortfalls of the "new, high tech generation of credit cards [that] call for a contactless dip motion rather than a swipe of the plastic."
"Thinking that EMV cards are tamper-proof helps create a false sense of security," Eran asserts in the article. "The threat of data skimming actually remains a significant one even for these advanced cards, because the method used by Europay, MasterCard, Visa (EMV) terminals to read the chip data is still similar to the method used for magnetic stripe cards," he explains, advising that "users and merchants must remain vigilant as if they were using traditional magnetic stripe cards."
To read the full article, go to: TheStreet, "Chip-And-PIN Credit Cards Are Not as Safe as You Think."
Eran is a technology and intellectual property attorney with extensive experience advising clients in domestic and international settings. His practice focuses on cyber security, patent, trademark, and copyright law. Eran also advises clients on a variety of e-commerce, licensing, joint development, and consulting in diverse industries. Eran serves as general counsel and on the Board of Directors for the Minnesota Chapter of InfraGard, a nonprofit partnership between the FBI and the private sector dedicated to the protection of critical infrastructure. In addition, he is a Research Fellow at Stanford Law School, where he writes and lectures on the legal aspects of using artificial intelligence.