Dear Roland,

Yes, you're so right - as much as improved security can help to reduce fraudulent transactions, there will always remain that risk that someone may do what you say - chip technology wasn't introduced to prevent muggings. As no doubt you can appreciate - the human element is the weakest link and no matter what security is in place, some will always fall for the oldest trick in the book - as you so rightly pointed out - social engineering - isn't the world we live in wonderful ::))

J:)

Roland Perry <[log in to unmask]>
Sent by: This list is for those interested in Data Protection issues <[log in to unmask]>

05/07/2004 20:19
Please respond to Roland Perry

To: [log in to unmask]
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Subject: Re: [data-protection] On Chip Technology and Plastic Money

In message <[log in to unmask]>, Julian Curmi <[log in to unmask]> writes >Even though someone may eavesdrop on the PIN, one will still need the >card to carry out a transaction. As most of you know, the chip was >introduced because it has become relatively easy to clone cards ie copy >the magnetic stripe. With chip technology, at least for the moment, it >is next to impossible to clone a card.
Yes, but you can still mug the person and steal the card, use social engineering to get it, or wait until renewal date and intercept the new card in the post (or on the doormat of a shared house, etc). -- Roland Perry
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