[access-uk] Re: Fw: Disabled People and Chip and Pin

  • From: "Derek Hornby" <derek.hornby_uk@xxxxxxxxxxxxxxx>
  • To: <access-uk@xxxxxxxxxxxxx>
  • Date: Sun, 26 Mar 2006 13:55:07 +0100

Hi Trace
You  said:
>My personal opinion is that its way easier to punch four numbers in to a
>keypad than forge a signature.


orry but all the evidence is that it's very very easy to
forge a signatures.
Fraud  is  actually down, (when card is used in shops) as a direct result of
chip  and PIN.

However be aware fraud is up, for (card not  present) internet shopping
transactions.

Consider the following possible way of fraud:

Bank  sends you card.
Someone  opens the  envelope before you get it.
They then make  note  of your name,  address, card number
(as well as  the  card's  security number)
They then reseal  the envelope and  when you receive it you won't be aware
someone else has all the  details then need,  to shop at your
expense, on internet!

Regards,
Derek

e-mail: derek.hornby_uk@xxxxxxxxxxxxxxx


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