And now it seems, they can 'guess hack' a credit card in mere seconds.Ī team of researchers at Newcastle University discovered two weaknesses in the way online transactions are verified using the Visa payment system. But it's also a boon period for fraudsters who are trying to steal those precious card details. 'Guessing Attack' Bypasses Credit Card Security in 6 Secondsĭecember is always a very busy time for the banks and credit card companies as we all scramble to purchase presents in time for Christmas.