DailyProgress.com | Security code easy hacking for UVa student: "A University of Virginia graduate student and two fellow hackers say they have cracked the encryption code that protects billions of credit cards, subway passes and security badges.
With readily available equipment that cost less than $1,000, 26-year-old Karsten Nohl and his two Germany-based partners dismantled a tiny chip that is found inside many “smartcards” and mapped out its secret security algorithm."
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