[access-uk] Re: chip & PIN
- From: "Dj Paddy" <mygroups@xxxxxxxxxxxxx>
- To: <access-uk@xxxxxxxxxxxxx>
- Date: Thu, 19 Apr 2007 17:29:34 +0100
First Trust offer a similar unusable method.
The last imte I looked at their site, to setup transfers to a new account
you had to get this scratch card type thing from the bank.
These things are all well and good ideas but it's behaviour of the end user
that matters most.
People aren't taking responsabilitys for their behaviour online. For all
sorts of reasons but this seems to be the main cause of ID theft.
Technologys a tool not another human that'll take care of everything for
you, including being safe.
Dj Paddy
Ôà
----- Original Message -----
From: "Ian Macrae" <ian.macrae1@xxxxxxxxxxxxx>
To: <access-uk@xxxxxxxxxxxxx>
Sent: Thursday, April 19, 2007 5:18 PM
Subject: [access-uk] Re: chip & PIN
The problem with this seems to me to be that the box will generate and
display a code which then has to be read and inputted into the website. Not
great for blindies.
----- Original Message -----
From: Derek Hornby
To: access-uk@xxxxxxxxxxxxx
Sent: Thursday, April 19, 2007 5:06 PM
Subject: [access-uk] chip & PIN
Hi All
The following was in today's Daily Telegraph 19 April 2007)
I do hope there are no access problms for the blind, but i think there
are.
Customers get chip and pin boxes
David Derbyshire Consumer Affairs Editor
BARCLAYS Bank is giving out hand-held chip and pin readers to half a
million
customers in an attempt to crackdown on internet banking fraud.
The devices, which resemble calculators, will be used to log onto the
Barclays
website and to make payments to new accounts for the first time.
Barclays says the chip and pin readers will avoid the need for passwords
and launch a new era in online banking security.
The Royal Bank of Scotland is introducing similar devices later this year,
while other banks are expected to tighten up their security in the coming
months. More than 17 million people regularly use internet banking in
Britain. While the industry claims that internet banking is safe, 33
million
pounds was stolen from online customers last year.
Most of that fraud took the form of "phishing attacks'', in which
customers replied to fake emails purporting to be from their bank
asking for confidential information.
The Barclays chip and pin reader will initially be sent to small
business and personal customers who want to make a payment to
another person or business for the first time.
Customers who only use online banking to check their balances and
pay bills to established, third-party accounts will not need the device.
The reader is designed to be used with a debit card. After a card
has been swiped, the customer enters a four-digit personal
identification number. The reader then generates an eight-digit
code, which has to be entered on the website.
The code changes each time the chip and pin device is used. It is
time sensitive and has to be entered within a couple of minutes
before it becomes useless.
Barclays declined to say how much the chip and pin reader costs,
but insisted that online banking would remain free. Two years ago
Lloyds TSB asked its online customers to us a key-ring sized
device, which generates a new, six-digit code every 30 seconds.
The internet security company, Sophos, said the new devices would
reduce but not eliminate the risk of fraud.
"Keyboard logging spyware and phishing emails won't be effective
if user pass codes keep changing,'' said Graham Cluley, of Sophos.
"However, chip and pin devices do not prevent all identity theft.
Spyware can still steal screen shots of what bank customers are
doing online and can capture account information to use for
fraudulent purposes.''
** To leave the list, click on the immediately-following link:-
** [mailto:access-uk-request@xxxxxxxxxxxxx?subject=unsubscribe]
** If this link doesn't work then send a message to:
** access-uk-request@xxxxxxxxxxxxx
** and in the Subject line type
** unsubscribe
** For other list commands such as vacation mode, click on the
** immediately-following link:-
** [mailto:access-uk-request@xxxxxxxxxxxxx?subject=faq]
** or send a message, to
** access-uk-request@xxxxxxxxxxxxx with the Subject:- faq
** To leave the list, click on the immediately-following link:-
** [mailto:access-uk-request@xxxxxxxxxxxxx?subject=unsubscribe]
** If this link doesn't work then send a message to:
** access-uk-request@xxxxxxxxxxxxx
** and in the Subject line type
** unsubscribe
** For other list commands such as vacation mode, click on the
** immediately-following link:-
** [mailto:access-uk-request@xxxxxxxxxxxxx?subject=faq]
** or send a message, to
** access-uk-request@xxxxxxxxxxxxx with the Subject:- faq
** To leave the list, click on the immediately-following link:-
** [mailto:access-uk-request@xxxxxxxxxxxxx?subject=unsubscribe]
** If this link doesn't work then send a message to:
** access-uk-request@xxxxxxxxxxxxx
** and in the Subject line type
** unsubscribe
** For other list commands such as vacation mode, click on the
** immediately-following link:-
** [mailto:access-uk-request@xxxxxxxxxxxxx?subject=faq]
** or send a message, to
** access-uk-request@xxxxxxxxxxxxx with the Subject:- faq
Other related posts:
