This is true. 30 million cards have the chip with the logic error on it.
It seems as if the BCD representation of the year 2010 is unterstood
by the card logic as 2016, and so the card is treated as not valid any
more,
but this is only a wild guess.
The repair steps discussed are the following, as far as I read it:
1. patch the ATM machines to not use the chip but the mag stripe
2. try to patch the ATM machines so that they in turn patch the
software on the chip (can this work? what about security issues?)
3. last resort: change the cards
This is in part speculation on my part, because I have only access
to german newspapers and web sites. I have no insights in the
banking IT sector.
Kind regards
Bernd
Barbara Nitz schrieb:
bug/story-e6frgakx-1225816534313
Haven't found an English language link, but the EMV chip on new cards is
apparently responsible for a quarter of all German card holders being unable
to 'identify themselves' to banking terminals. Since January 1st, 2010. It is
being blamed on a 'third party programming error' in the chip.
Barbara Nitz
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