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Thomas99
Thomas99 Posts: 322 Forumite
in Credit cards
Shows how fraudsters have cracked chip/pin.

http://www.bbc.co.uk/blogs/newsnight/2008/02/tuesday_26_february_2008.html
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Comments

  • Dylanwing
    Dylanwing Posts: 2,015 Forumite
    no great shock really. this Board has a number of postings about this, and I am always surprised by the number of people I know who have suffered from this. The fraudsters seem to always be one step ahead of the Banks, and the Police & Courts don't seem to take it too seriously, so it is relatively low risk.
  • bert&ernie
    bert&ernie Posts: 1,283 Forumite
    Thomas99 wrote: »
    Shows how fraudsters have cracked chip/pin.
    No, It shows how academics demonstrated a potential security flaw, in lab.
    The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts.
  • PBA
    PBA Posts: 1,521 Forumite
    Nothing new, just over the top scaremongering. If they'd managed to demonstrate how chips could be cloned then that would have exposed a major flaw in the system, but they haven't.
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