Thread: Card Cloning & PIN Theft Epidemic

Remember Shell - Chip & PIN cards compromised?

Here's the latest:

In one case, a sniffer in a chip and PIN terminal at a skilift in Livigno sent holidaymakers’ card and PIN details by SMS to Romania.

Full story - click here.

And why you should be concerned:

It is now extremely difficult for customers to prove their innocence unless their case corresponds with patterns already recognised by the banks.

Full story- click here.

PIN = Access to cash.

PIN = Liability Shift.

Signing = No access to cash & NO liability shift.

Chip & signature - you know it makes sense!

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