Used your Cards at Morrisons in Dagenham? Fraud Warning

moonrakerz

PROLIANT wrote: »

Look, stop getting worried about plastic card fraud, if you are a victim you are covered, let the banks and thinkers worry about fool proofing systems, every advancement in financial technology is a step forward and is more secure than the last.

Totally agree - just to be a bit safer - NEVER use your debit card where you can use a credit card. Use your debit card in an ATM only, or perhaps in a big supermarket chain if you want cashback.
If anyone copies your credit card it isn't your problem. If they copy your debit card it is very much your problem !

student100

iKennett wrote: »

The card would be difficult to 'copy' if you don't physically have access to the card. With contact-less cards the wireless signal would have to be intercepted and compromised to clone the card.

With a chip card, to clone the chip, for a start you'd need physical (not just wireless) access to the chip...

Most card cloning now is done by cloning the legacy interfaces (magstripe and numbers on the front) rather than the chip itself. Or possibly by using a modified chip reader to read the data from the card - which clearly requires access to the card.

ShelfStacker_3

James wrote: »

Blah blah blah

Right, i'm getting kinda peeved here, so I'm just going to vent... do you do ANYTHING on this board except spread paranoid doom and gloom about Chip and PIN? I've never seen you make a post on any other subject, ever.

Never mind that chip and PIN has reduced card fraud overall, and that most card fraud is now either online where chip and PIN doesn't apply or at ATMs where in many cases chip and PIN also doesn't apply - OMG *some* people using *some* banks had their fraud investigations ignored. That's a problem for the Financial Ombudsman, not a problem with chip and PIN.

Like I said further up the thread, criminals will find new ways to get around things and commit fraud, and this is one of them, but it wouldn't have been stopped if chip and PIN was not around and in fact could easily have been worse.

James

ShelfStacker,

Sorry you feel this way but I will continue to WARN readers of places where their PINs may have been compromised.

I also hope these postings help victims of PIN based fraud who are being held responsible for alleged PIN misuse by pointing out just how many ways PINs maybe compromised.

The Chip part of Chip & PIN has certainly reduced cloned cards being used in UK shops or overseas Chip compliant shops and I welcome this. But IMHO there's been a liability shift for PIN based fraud.

The card industry is blaming overseas fraud for the recent rise in Card Fraud. What they are not saying is that the majority of overseas fraud is not in shops but at overseas ATMs. where cloned or stolen UK credit and debit cards are being used to withdraw hard cash.

The Card Industry, IMHO is failing consumers by not telling them that their PINs may have been compromised. They are also failing to give victims advice or cardholders whose PINs may have been compromised advice.

If you live in England or Wales you no longer report card fraud to the police (unless directed to by your card issuer). This means that places where PIN pads have been doctored or ATM's rigged doesn't come to light instantly as it would do if you reported it to the Local Police.

I also hope to make readers aware that there is such an animal as a Chip & Signature Card. This again IMHO is the best way to protect yourself and stop crooks getting access to cash via ATMs at home or overseas.

Hot from the Metro:


Card fraud soared by 25 per cent last year, with £535million stolen from bank accounts and credit cards.

Click here.

skyrider007

I feel safer with chip and pin cards. I've lost my magnet and signature card the other day and got worried so much. Fortunately I've called the card issuer soon enough to put a block on my card. I would not have worried as much if I lost my chip and pin card. The criminal could be idiotic enough to guess the PIN incorrectly three times and that would block the card. With traditional magnet and signature card they could just forge my signature.

I've signed up with Verified by Visa and MasterCard SecureCode for all of my CCs - this makes me feel more confident shopping online knowing that the risk is reduced (even though it's still there).

dzug1

James wrote: »

I also hope to make readers aware that there is such an animal as a Chip & Signature Card. This again IMHO is the best way to protect yourself and stop crooks getting access to cash via ATMs at home or overseas.

So how do YOU get access to cash at ATMs?

And how do you stop them stealing your card and forging your signature, which won't be checked properly anyway. Or cloning it and putting their own signature on it?

NickX

I think James has a good point.

Yes Chip and Pin is a more secure system - but it is NOT foolproof.

However, the banks are using it as a method to pass the responsibility back to the customer. They are saying that if a fraudulent transaction is Chip and Pin then the customer MUST have been negligent with their PIN.

James' examples have proved that Chip and PIN has been hacked by the fraudsters, therefore the bank's assumption that fraudulent Chip and PIN transactions mean negligence on the part of the customer is incorrect.

The banks are simply using the so-called "more secure" technology to pass the responsiblity for fraud away from them. IMO this is not good enough and they should not be allowed to get away with this.

The problem is not Chip and PIN itself, but the way that the Banks are manipulating the technology to get out of their responsiblities :mad:

James

dzug1 wrote: »

So how do YOU get access to cash at ATMs?

And how do you stop them stealing your card and forging your signature, which won't be checked properly anyway. Or cloning it and putting their own signature on it?

You reduce the risk to yourself by:

Changing all your Credit Cards to Chip & Signature.

Use only one Debit Card with a PIN (if you wish to access ATM's).

If someone steals your Chip & Signature Card, they have no access to ATMs (NO Pin). They could however forge your signature and use your card in a shop BUT the risk factor to the crook is enhanced and YOU couldn't be held liable for the fraud.

Some clones your Chip & Signature Card. Their use is limited to overseas retailers. Their card would need to be a very good copy and yet again they increase the risk of being caught. But more importantly NO liabilty to you.

JUst picked this up: The Times

Nationwide, my mother's bank, seems to be saying that if the thief was able to access the money, he must have found the PIN in the bag, which would make my mother to blame. My mother says that the PIN was not written down. Nationwide is refusing to reimburse her on the basis that she could have withdrawn the money herself.

Press involvement worked in this instance. Not everyone's so lucky.

Time article click here.

MartinCarpenter

It appears that I and several hundred other shoppers in the supestore at Horndean have had their card details and chip/pin numbers extracted from the transaction computer by fraudsters, my own account was hit for £600 pounds over 2 days both in the West Country, Cornwall and Kampala in Uganda, my Bank stopped some transactions as it was physically impossible to be in both locations at the same time. If you shopped at this location check your bank account frequently and/or ask your bank to change your card to be safe. This data appears to have been taken directly from the shops computers.

James

MartinCarpenter,

Very sorry to learn you're a victim - I hope you've reported this to the police.

Your Bank should also have you change your PIN (it has been compromised after all).

Once again in the case of credit cards, don't let the crooks get away with this. Change your Credit Card to Chip & Signature.