More chip & pin abuse

Thu, 11 May 2006 19:45:40 +0100

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Surprise, surprise:

"Lloyds TSB has admitted that flaws in the new Chip and PIN system  
recently introduced for debits cards in the UK open up the system to  
fraud. Conventional fraud may be down because of the system but  
crooks are still able to use cloned debit or credit cards in foreign  
ATMS." -The Register

""In recent weeks, we have identified an increase in fraud via  
overseas cash machines," a Lloyds TSB spokesman told the Daily Mail."

http://www.theregister.co.uk/2006/05/11/lloyds_tsb_chip_and_pin_fraud/
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<HTML><BODY style=3D"word-wrap: break-word; -khtml-nbsp-mode: space; =
-khtml-line-break: after-white-space; "><DIV>Surprise, =
surprise:</DIV><DIV><BR class=3D"khtml-block-placeholder"></DIV><DIV><BR =
class=3D"khtml-block-placeholder"></DIV><DIV>"Lloyds TSB has admitted =
that flaws in the new Chip and PIN system recently introduced for debits =
cards in the UK open up the system to fraud. Conventional fraud may be =
down because of the system but crooks are still able to use cloned debit =
or credit cards in foreign ATMS." -The Register<FONT =
class=3D"Apple-style-span" size=3D"4"><SPAN class=3D"Apple-style-span" =
style=3D"font-size: 16px;"><FONT class=3D"Apple-style-span" =
size=3D"3"><SPAN class=3D"Apple-style-span" style=3D"font-size: =
12px;"></SPAN></FONT></SPAN></FONT></DIV><DIV><BR =
class=3D"khtml-block-placeholder"></DIV><DIV><FONT =
class=3D"Apple-style-span" size=3D"4"><SPAN class=3D"Apple-style-span" =
style=3D"font-size: 16px;"><FONT class=3D"Apple-style-span" =
size=3D"3"><SPAN class=3D"Apple-style-span" style=3D"font-size: =
12px;">""In recent weeks, we have identified an increase in fraud via =
overseas cash machines," a Lloyds TSB spokesman told the Daily =
Mail."</SPAN></FONT></SPAN></FONT></DIV><DIV><BR =
class=3D"khtml-block-placeholder"></DIV><DIV><BR =
class=3D"khtml-block-placeholder"></DIV><DIV><A =
href=3D"http://www.theregister.co.uk/2006/05/11/lloyds_tsb_chip_and_pin_fr=
aud/">http://www.theregister.co.uk/2006/05/11/lloyds_tsb_chip_and_pin_frau=
d/</A></DIV></BODY></HTML>=

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