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Risky Bulletin: Expired cards can be used for new transactions

Researchers show expired Visa contactless cards can be revived via NFC man-in-the-middle relay to run fraudulent transactions; roundup also covers major breaches.

University of Massachusetts Amherst researchers built an NFC man-in-the-middle rig that updates a card's expiration date in transit and relays the modified payment to POS terminals, reviving expired contactless cards; Visa terminals and the backends of all five banks studied failed to catch the manipulation. The same roundup reports Iranian hackers shut down a small UK power plant for four days, Lazarus breached South Korea's Presidential Office as part of a campaign exceeding 100 victims, and French telecom SFR suffered a breach affecting over 2.1 million customers.

Risky Business News · 23d agoResearch1

Why The Vulnerability Backlog Is About To Get Worse

Recorded Future analysis says AI-driven vulnerability discovery and faster weaponization will grow the triage backlog while shrinking defenders' response windows.

Disclosed vulnerabilities rose from roughly 21,000 in 2021 to nearly 50,000 in 2025, while Recorded Future assessed only 446 as actively exploited in 2025. VulnCheck found nearly 29% of 2025 KEV entries were exploited on or before CVE publication. The authors argue AI-assisted discovery and automated exploit development will multiply credible reports, cut disclosure-to-exploit time toward minutes, and force re-evaluation of medium-severity flaws as exploit-chain components.

Recorded Future · 21d agoResearch