URGENT HELP NEEDED: Credit Card pin & chip fraud

jonesMUFCforever

It could well be just as likely it is an inside job!

meer53

VictimOfImpersonation wrote: »

Nope - but then remember it was the card company that called the OP immediately next morning after the suspected fraudulent use. Why would the card company even suspected fraud unless it followed an event such as a new card just activated, and first use of a new card immediately in an ATM (where the limit could be checked by the fraudster) and then taking the card to the limit probably in an electrical store such as PC World?

Yeah yeah there could be a number of reasons, but one THE most likely is that a new card and reminder PIN or fresh PIN was requested, was intercepted, and was used at the ATM and XYZ Electrical immediately very soon after the new card and PIN were intercepted/activated and used to max out the account.

Unless the old card was reported lost instead of perhaps "damaged" then the old card would not be deactivated until the new one was used, would it?

I bet the OP lives somewhere where the mailbox can be dipped i.e. somewhere mail does not simply drop on their own carpet but instead is vulnerable to dipping e.g. in perhaps one of a bank of mailboxes outside a block of flats which incidentally are also likely to have been targeted.

FGS ! I bet the OP doesn't live somewhere where their mailbox can be dipped. You're obssessed !

The bank called the OP probably as a result of a fraud detection check because of the transactions, many fraud checks are also triggered by normal, genuine card usage, how do you feel about that ?

You need to move on from your experience and accept that you may be wrong. Or maybe it's the most exciting thing that has happened to you ?

vax2002

The card will most likely have been skimmed, say at a petrol station.
The card will be cloned and then wedged.
Once "wedged" any 4 digits will be accepted as the pin.
Banks know this and they know it well.
They ignored all the advice given to them about the very frail security on cards opting for the cheapest security possible, even though it was know to have already been cracked prior to the UK roll out, they still went ahead.

meer53

vax2002 wrote: »

The card will most likely have been skimmed, say at a petrol station.
The card will be cloned and then wedged.
Once "wedged" any 4 digits will be accepted as the pin.
Banks know this and they know it well.
They ignored all the advice given to them about the very frail security on cards opting for the cheapest security possible, even though it was know to have already been cracked prior to the UK roll out, they still went ahead.

No, i'm sorry, you're wrong Victimofimpersonation has already deduced what happened :rotfl:

VictimOfImpersonation

vax2002 wrote:

The card will most likely have been skimmed, say at a petrol station.
The card will be cloned and then wedged.
Once "wedged" any 4 digits will be accepted as the pin.
Banks know this and they know it well.
They ignored all the advice given to them about the very frail security on cards opting for the cheapest security possible, even though it was know to have already been cracked prior to the UK roll out, they still went ahead.

Can we hear or read more about this vax2002 - any articles you'd recommend reading?

meer53, why would I need to move if I am wrong about the mailbox thieves? How many fraudsters have you prosecuted in 18 years or are most of them still out here practising one sort of fraud or another?

adindas

I fail to understand the purpose of this 'Chip & Signature Card. If they could sign the paper with their hand and finger they must be able to use the terminal ...

Gromitt wrote: »

'Chip & Signature Card' means no PIN required. All purchases must be signed for. They are meant for disabled people who can't use C&P terminals.

mr_fishbulb

For anyone interested in the technical aspects of Chip and PIN fraud, I'm just about to have a read of this guy's papers:

Dr Steven J. Murdoch - Security Researcher at Cambridge Uni:
http://www.cl.cam.ac.uk/~sjm217/

Here's a list of his publications:
http://www.cl.cam.ac.uk/~sjm217/papers/

These two look especially detailed:
Reliability of Chip & PIN evidence in banking disputes
Chip and PIN is Broken

This link has a summary of the wedge attack:
http://www.cl.cam.ac.uk/research/security/banking/nopin/
It explains that a small device must be in place between the Point of Sale (POS) device and the card. Maybe this would have gone unnoticed by shop staff depending on where the card reader is located.

However the OP said that the card was used in an ATM too. The wedge attack is to use the card at a POS device without a known PIN, but you would need the PIN to withdraw cash from the ATM.

Gromitt

adindas wrote: »

I fail to understand the purpose of this 'Chip & Signature Card. If they could sign the paper with their hand and finger they must be able to use the terminal ...

Certain disabilities would mean that it was impossible to remember the PIN, so they would have to carry the number around with them, or be embarrassed at the POS.

Other times, if the person is wheelchair bound, the terminal cabling is not long enough to reach their lap, or the terminal might not be movable at all.

A piece of paper is more easily movable, so signing it is a lot easier

James

jonesMUFCforever wrote: »

The fraud has been perpetuated against the card lender not OP so it is up to the card lender to report it to police.

Why then is the Cardholder being accused?

Surely at the very least the card Issuer should confirm this fraud has been reported to the Police. If not, why not?

Why is it the cardhodler who has all the worrying to do until they are guaranteed their cashback in their account and their good name cleared.

Besides I thought it was the job of the police to prevent, and detect crime as well as protecting the public.

adindas

See the points thank you

Gromitt wrote: »

Certain disabilities would mean that it was impossible to remember the PIN, so they would have to carry the number around with them, or be embarrassed at the POS.

Other times, if the person is wheelchair bound, the terminal cabling is not long enough to reach their lap, or the terminal might not be movable at all.

A piece of paper is more easily movable, so signing it is a lot easier