[Gllug] natwest fantasticness

[David Irvine]

On Tue, 2004-04-06 at 12:19, Robert McKay wrote:
> > > >    Its like this new Chip and Pin. If thats more secure than a personal 
> > > > thing like a signiture then I'm not a computer programmer. In this age 
> > > > where we think seriously of using a 128 bit encription the creditcard 
> > > > company go and use a 10bit key! Rather than a much large key that they 
> > > > were using before ie somones signiture. 
> > > 
> > > Really?  How often does anybody check your signature?  One time in 50 if
> > > you're lucky.
> > 
> > Too right.  *ANYTHING* is more secure than a signature.
> > 
In Spain, you habe to have photo id, you still have to sign, I'm not
sure if it had a big effect on fraud.  It still wouldnt stop people
skimming the card and transferring the data onto a new one in their name
which I think is quite common.

Chip and pin might not be secure, but its probably a lot better than
signatures for the short term.

I guess what we really need is iris, or finger print recognition,
something that is tied directly to you, that is very hard to copy in
such a way which isnt blatently obvious.

David


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