Chip & Pin insecurity

s_pickle2001 · 2005-04-16T10:27:52+00:00

Here are some paragraphs from the article ge_id=2&ct=5 Robbed at the Tesco checkout Michael Clarke, This is Money 15 April 2005 ... Day care nurse Mrs Walsh, 43, had handed over her debit card and a Tesco Clubcard but was given back only the Clubcard as she was distracted by her two young children. Police said CCTV footage showed the assistant watching Mrs Walsh as she tapped in her Pin. He used the card to make a £300 withdrawal just eight minutes after she left the store, and he made a further £300 withdrawal just before midnight the same day. .... Barclays told her it was not liable for the fraud as nobody should have access to her Pin number. The case highlights the difficulty bank customers have in proving fraud following the introduction of chip and Pin technology. ========Does anyone still want to maintain that there is any reason for C&P other than shifting liability away from card issuers? If it is so secure, they should stand by their customers and accept liability for all losses unless the customer committed fraud or divulged the PIN voluntarily.

Apr 16, 2005 21 Replies

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Jim Hatfield 21 years ago

I haven't found one so far! I'm looking for a current account with a Chip&Sig debit card so I can get cashback at the supermarket without having to enter a PIN. So far I'm OK since Waitrose haven't installed pin terminals yet, but it's only a matter of time.

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Mike Scott 21 years ago

Natwest, but be prepared to argue your case.

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