Tuesday, May 09, 2006

Even Chip and PIN under attack in the retail environment

In the Netherlands, the latest news is that retailer environments are subject to terminal fraud. Whereas the ATM's are now hard to tampr with, the criminals now replace and rigg the pin-terminal at the Point of Sale to collect magstripe data and PIN's. In doing so they act as legitimate technicians.

Ian informs us that the same happened in the UK, but then with chip and pin terminals. That's a bit sooner a fraud on Chip and PIN than most expected I guess.