Home » Credit Cards » UK chip and pin credit / debit cards are insecure (11Feb10)

UK chip and pin credit / debit cards are insecure (11Feb10)

A not totally unsurprising development from those that look at security, the supposedly secure chip and pin facility in UK credit and debit cards is easily broken and fraudulent transactions are easily made. Unsurprisingly, the useless UK banks say it’s not our problem. The chip and pin system was designed to offload blame for fraud onto the customer away from the banks that enable the fraud in the first place. And now with RFID in UK credit and debit cards, fraud will be even easier and impossible to dispute. Recorded from Newsnight, 11 February 2010.


UK chip and pin credit / debit cards are insecure (11Feb10)

5 X Credit Card Size Reading 3X Magnifying Magnifier

US $1.00
End Date: Friday May-18-2012 16:51:47 PDT
Buy It Now for only: US $1.00
Buy it now | Add to watch list

Iphone 4G/4S Synthetic leather wallet credit card ID cover case Free gift WTLtb
US $0.99 (1 Bid)
End Date: Friday May-18-2012 16:53:16 PDT
Bid now | Add to watch list

AUTHENTIC LOUIS VUITTON WHITE MULTICOLOR MONOGRAM COIN CREDIT CARD SMALL WALLET
US $221.99 (0 Bid)
End Date: Friday May-18-2012 16:54:15 PDT
Buy It Now for only: US $304.99
Bid now | Buy it now | Add to watch list
Tags: chip and pin, Cards, 11Feb10, insecure, credit debit cards, debit, Credit

Related posts:

  1. What advantages and disadvantages do credit cards and a debit card?
  2. How does the cashback work on credit cards and debit cards?
  3. How To Add Credit or Debit Card To Your MoneyBookers Account PayPal Account
  4. New Credit Cards w/RFID may lead to Identity Theft
  5. What is the difference between VISA credit cards and VISA® credit cards?

25 Comments

PRICELIST OF STUFFS
1 US CVV = 35eur 1 UK CVV = 50eur 1 EU CVV = 60eur FULL CC with mmn,ssn,dob,pin.cvv2 full
DUMPS ALL TRAK1,TRAK2+PIN US Classic =50eur US MC Standard = 60eur US Gold = 70eur US Platinum,Business,Corporate,MC World=90eur Canada Gold ,Platinum,MC World=90eur EU MC Standard = 70eur EU Gold? .Platinum,Business.Corporate=9­0eur EU Infinite = 100eur
CONTACTS: becham2323@yahoo.com


allo!I sell VISA,AMERICAN EXPRESS,MASTERCARDS,PLATINUM credit cards full data,card holder name,expir.date,cvv and nummber,address….all ccards is good balance, and 100% fresh……I? sell min 10cc….price is 120euro-10cc……….I sell documents-passports and driver license at many country,,,,passport or driver license from UK,France,Italy,Germany price is 100 euro,,,,,from USA is 200euro,,,,if you interested pleas contact me email: istamj@yahoo.com


dumpsservices@gmail.com or dumpservice ICQ 316264022 is a fucking ripper…once he receive your money he will deleted you off his list ..mother fucker


We are glad to offer you high-quality service sale of DUMPS+pin

USA, Canada:

Visa classic/Mastercard standart - 150$
Visa gold/Mastercard gold - 200$
Visa Platinum/Business/Mastercard Platinum/Business - 250$

EUROPE, ASIA:

Visa classic/Mastercard standart - 250$
Visa gold/Mastercard gold - 300$
Visa Platinum/Business/Mastercard Platinum/Business - 350$
Visa INFINITE - 400$

icq: 380138387
email: dumppin@yahoo.ca


Does anyone know what the chip could contain i read somewere that has an algorithm or something and is encrypted but what it contains that is important.


the banks tried to quash info about the device used for this attack instead of fixing it, shows you how much of a shit they actually give about protecting their customers.


ha ha ha, they don’t understand how it works! anybody can edit the message, but that does not make it unsecure… go read the specification again.


zzzzzzz another lie by the goverment to get us to take the rfid chip for a new world order. they think were stupid.


@Tabrisius LOL It’s just the other way around, magnetic stripes can be easily skimmed and offer NO security at all! Chips on the other hand are extremely secure, nobody ever managed to clone one for example. The flaw presented here lies NOT in the chip, but in the protocol implementation.


Banks are kicking my ass all the time charging stupid commissions and robbing honest people everyday. I won’t cheat people but I’ll check out all options to obtain money for my basics if available. Do you know how or have an idea? Okay, lets build up a net of individuals and kick their ass from here, there and everywhere. I’m sick of banks!


cambridge branded water for the 800-year anniversary. makes you smart enough to hack chip&pin, so i say it’s a price worth paying for! lol


Chips , thats things are very insecures, ¿UK don’t use magnetic band?, the chips are insecures since phone credit card based on chips.


5 pound for a fuckin bottle of water, what the fuck?!?!


Banks can set up their card system to authorize purchase via PIN only. So it can not be done by signature. This kind of apporach can be done when all merchants have PINpad POS terminals. It is still more efficent than to rewrite the whole Chip&PIN system.


DANG


No system is ever secure.


Ya we still use that. Then their are RFID chiped credit cards to that are easy to crack. Only place I see the cards like above is government id cards.


Aren’t you still using Mag-stripe and Signature in the US?

Mag-stripe cards are breakable with a $30 piece of equipment and it don’t even necessarily need your original card, just a card receipt will do.


What I’m getting at is that the banks should be able to re-implement Chip and PIN without replacing huge amounts of infrastructure. They will most likely have to replace cards, but the card readers should be reprogrammable.


Chip and PIN would be *very* secure, if only it had been implemented correctly. Most card fraud now is something called CNP (Card Not Present) fraud (CNP is the system used for paying by reading your card details out over the phone for example).

Unfortunately, the particular way the banks have chosen to implement Chip and PIN means that the PIN part is now completely ineffective. The Cambridge research demonstrates that all you need to have to validate a fraudulent transaction is a stolen card.


Wow. I just read the technical white paper on the Cambridge CS site about this.

The hack is incredibly simple. An undergraduate CS student studying security would spot the flaw in this system in 5 minutes if they were shown the conversation that happens between the terminal and the card.

Of course, the only real impact to consumers is that banks can no longer claim that Chip and PIN transactions are never fraudulent. One less excuse for the banks to pay out in the case of fraud!


so whats going to replace it - biometric purchase here we come - get ready to give your finger print and/or eye and/or face scan for your loaf of bread - truly what I have said for years is coming to pass. BIOMETRICS = 666, no im not no relegious freak but its just to close to what is happening.


£5.00 for water?!?!?!


Joy, we don’t need this in the USA. I don’t want it! I don’t even like the RFID based cards.


The ones when I first started this channel I had disabled embedding on some, if you find one that you want to use, let me know via private message and I’ll change it’s status.


Want To Provide Some Feedback?