Chip and PIN

[ukcrypto@chiark.greenend.org.uk]

>I agree. When your Credit Card is cloned that isn't normally called 
>"Card Theft" - you still have the original card.

Identify Cloning is then perhaps more appropriate.

>I note that the French "Leeson" incident earlier this week is 
>universally being called "Fraud", when "incompetence" seems more 
>appropriate.

It's both incompetence and fraud: he exceeded his authority and covered up 
by entering fake transactions.  Clearly not all is well in SocGen internal 
auditing procedures.

Casper