THE ART OF RECONNAISSANCE BUG BOUNTY - ETHICAL HACKING
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@cyber_razz
The ATM never stores or transmits your PIN in cleartext. instead it converts the PIN into a protected PIN block, encrypts that block and sends it to a secure key-holding system (an HSM or the card issuer). The HSM compares the encrypted/derived value to a reference (also stored/protected), and returns “OK” or “FAIL.” Because the comparison happens on encrypted or derived data inside a tamper-resistant environment, no party outside the HSM ever sees your PIN.
Hope this makes sense
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