Shell suspends chip and pin after £1m fra ud

[Peter Mitchell]

Igor Mozolevsky wrote:
> 
> On 12 May 2006, at 09:54, Ian Brown wrote:
> 
>> Igor Mozolevsky wrote:
>>
>>> On 12 May 2006, at 09:02, Ian Brown wrote:
>>>
>>>> Yep. I'm getting a separate current account with visa debit card  
>>>> just to
>>>> use overseas, with no overdraft and very limited funds.
>>>
>>>
>>> Still can have your CCs cloned and cash withdrawn from them however.
>>
>>
>> That's why I'm going to leave very limited amounts of cash in the  
>> account.
> 
> 
> That still doesn't stop someone from stealing your _credit_ card  number 
> and your _credit_ card pin, and then withdrawing money from a  foreign 
> ATM...


But in that case the fraudster steals the credit card company's money, 
rather than money held in Ian's own bank account. If that happens, all 
Ian has to do (AIUI) is repudiate the transaction when it appears on his 
CC bill.


-- 
Pete Mitchell