07
Jan
07

Chip and PIN card fraud

It was only a matter of time….. a team at Cambridge have came up with a way to steal your Chip and PIN card details when your using a terminal. The way you do it? Well it seems you replace the terminal with a fraudulent one.

To be honest it’s taken longer for someone to get such a story out than I expected. We are all handed terminals on a daily basis to type our secrets into – and we simply trust the device, dont we!

I remember using one where the LCD screen was misbehaving by blanking out and showing strange characters – the assistant assured me everythinig would be ok so I used it.

Looks like the Cambridge chaps have an answer. I bet it involves even more complex hardware and software. But I guess that’s the world we are in.


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