Security

Chip & PIN terminals vulnerable to attack

by Steve Ragan - Mar 3 2008, 12:00

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JamesMar 4th, 2008 - 23:33:14

Unfortunately some UK cardholders who are victim of PIN based fraud on their debit or credit cards are being held liable for the cost of the fraud.

The first question asked by UK card issuers is, ' how did they get hold of your PIN'.

Quite amazing because if the system can't assure PIN integrity, how can the banks shift the blame for a compromised PIN onto the cardholder?

It won't be too long before a lot of UK cardholders consider binning their PIN.

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