Fake Britain Chip and Pin etc

Fake Britain Chip and Pin etc

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wolf1

Original Poster:

3,081 posts

251 months

Tuesday 27th July 2010
quotequote all
Not that Dominic Littlewood is a PH favourate but I've just watched the latest fake Britain on I Player and was shocked at how unsecure chip and pin is. Now I know quite a few have said from the start that it was flawed, but the fact that the card/pin terminals are coming from the manufacturer already doctored to store and transmit the pin number and details is very worrying. Not to mention the £30 keyloggers that they can plug into the terminals to save your details etc.

Looks like I will only be using the card to draw cash from my banks machine (Obviously checking for fake overlays etc) until the system gets changed.

What does make me ponder is how can they make it more secure? Finger print scanner, retinal scan. The banks must be hemorrhaging money paying back fraud claims so you'd think that they would have something better in place by now.