[Gllug] Chip and PIN

[Ryland, Peter]

On Wed, 2006-05-10 at 15:35 +0100, t.clarke wrote:
> Just read an interesting article in the Financial Times on 'chip skimmers'
> 
> Apparently you can buy a small device for abt 55 quid which will 'skin' card
> and pin numbers from point of sale terminals.
> 
> 
> So much for the extra security of Chip and PIN it seems  !!

It's not *your* security the banks are worried about.  It's the times
when you say "I didn't pay for that" and the bank can say "you must have
put your PIN in or given your PIN to someone" and you have no recourse,
whereas before if it wasn't your signature, you have a pretty good case.

Pete


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