Octopus card not vulnerable to hacking, system operator says
The Octopus card is fraud-proof, the smart card's provider has said after researchers hacked into a similar system in the Netherlands.
Octopus Cards, the company that runs the electronic payment system, said it was not using the chip the researchers had worked on.
'Multiple levels of security controls and active monitoring processes' were also in place to ensure customers and merchants were protected, the company said.
It would not be doing 'any special checks in response to this incident'.
The card - used by millions of people in Hong Kong to pay for travel on the MTR, buses and ferries, and to make purchases at more than 1,000 outlets - relies on a Radio Frequency Identification (RFID) chip to record journeys and transactions.
The Dutch government issued a warning about an RFID smart card produced by NPX Semiconductors called the Mifare Classic, after a research team at Radboud University in Nijmegen identified a 'serious security flaw' and demonstrated how the card could be hacked.
The attack was verified by the Dutch Signals Security Bureau and a video of the hacking exercise has been posted on YouTube.