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Clamping finished.
peter_the_piper
Posts: 30,269 Forumite
Glad this was not in before clamping was "banned"
Bank fraud could soon be YOUR fault
Banks are trying to dump responsibility for credit and debit card fraud on to customers in a move that could cost families tens of millions of pounds.
They are making changes to small print which will allow them to block compensation to fraud victims from January.
Customers could be liable if they use a PIN that can be easily guessed or the bank decides they have been careless and allowed a criminal to see the number at a cash machine.
Read more
Taken from CAG email.
Bank fraud could soon be YOUR fault
Banks are trying to dump responsibility for credit and debit card fraud on to customers in a move that could cost families tens of millions of pounds.
They are making changes to small print which will allow them to block compensation to fraud victims from January.
Customers could be liable if they use a PIN that can be easily guessed or the bank decides they have been careless and allowed a criminal to see the number at a cash machine.
Read more
Taken from CAG email.
I'd rather be an Optimist and be proved wrong than a Pessimist and be proved right.
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Comments
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My PIN is 1234, they'll never guess that.
I'm safe.Liverpool is one of the wonders of Britain,
What it may grow to in time, I know not what.
Daniel Defoe: 1725.
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Any excuse to stop paying out chargebacks.I'd rather be an Optimist and be proved wrong than a Pessimist and be proved right.0
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A pin that's easily guessed ?????? Er, they're all four digits and you have a 1 in 10000 chance of guessing it so every pin is equally easy or difficult to guess !!!!!All aboard the Gus Bus !0
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They do have a list of the most common ones so its quite easy for a scally to guess some.I'd rather be an Optimist and be proved wrong than a Pessimist and be proved right.0
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peter_the_piper wrote: »They do have a list of the most common ones so its quite easy for a scally to guess some.
I guess so. If the banks were serious about security then they would use fingerprint recognition and pin numbers and do away with cards. The technology is there ( schools use it for libraries and paying for food ) and it's cheap. Of course banks aren't actually interested in security when they can blame customers.All aboard the Gus Bus !0 -
The Father of a friend of mine, was / is one of the developers of the security code used in the processing of transactions between banks and cash machines. He was also a consultant on chip & pin. He routinely tells me that security was second place to the cost of implementation, there were much safer proposals on the table when decisions were made on what system to adopt.
When i say was / is. The security system is a closely gaurded secret involving 3 independant parties, with 3 unique encryption technologies, and only each party know their own part, so despite having retired, is still retained as a consultant for any issues.0 -
The URL that is linked to in the OP's post looks fishy. Has anyone clicked on it?0
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Yes, I did first before I published it.I'd rather be an Optimist and be proved wrong than a Pessimist and be proved right.0
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I don't want to worry you all but your PINs are already in the public domain. You are all open to fraud on your cards
http://www.guzer.com/videos/everyones-pin-numbers.phpThis is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
Ah yes, but the chance of getting it right in the 3 goes you have are remote.I'd rather be an Optimist and be proved wrong than a Pessimist and be proved right.0
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