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New flaws in chip and pin system revealed

Midnight_Caller
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Registered: 15-04-2007

New flaws in chip and pin system revealed

Hi All
Just seen this:
[quote="New flaws in chip and pin system revealed"]
Most of us do not think twice about paying for something in a high street shop by keying in our pin. It is easy, fast and in most cases it works.
But scratch a little under the surface and there are persistent reports of people who say they have been the subject of fraud of one kind or another on their credit or debit card.
Now a team of computer scientists at Cambridge University has found a flaw in chip and pin so serious they think it shows that the whole system needs a re-write.
Over the past few years, the Cambridge team has uncovered a series of weaknesses in the system, which has been running since 2004.
The chip and pin system needs dumping.
15 REPLIES
Community Veteran
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Registered: 12-08-2007

Re: New flaws in chip and pin system revealed

Is this a new incident Gary as I seem to have heard it before.  Maybe I'm thinking of one of their earlier findings.
Midnight_Caller
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Re: New flaws in chip and pin system revealed

Yes it is a new incident.  Did you look at the BBC article?
itsme
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Re: New flaws in chip and pin system revealed

Quote from: Midnight

The chip and pin system needs dumping.

and replaced with what?
Community Veteran
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Re: New flaws in chip and pin system revealed

It's certainly the best system we have at present.  I can't think of anything better. Undecided
VileReynard
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Re: New flaws in chip and pin system revealed

A 4 character password (digits only please) is the height of security. Smiley
Since most people are going to use birth dates etc, that's going to make it super secure isn't it?

Community Veteran
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Re: New flaws in chip and pin system revealed

Yes, if you're stupid enough to use birth dates etc.  Roll eyes  Plenty of choice of numbers that are randomly selected and easy to remember.
jmd
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Re: New flaws in chip and pin system revealed

what like "1,2,3,4"?  which is easiest for folks to remember than birthdate................ number of house, car reg?
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Re: New flaws in chip and pin system revealed

Men could use the day and month of their wedding anniversary Undecided
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Re: New flaws in chip and pin system revealed

Birth date is only a problem, if the people trying to rip you off know you well enough to know your birthday of course!  Embarrassed
John
Midnight_Caller
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Re: New flaws in chip and pin system revealed

Quote from: itsme
and replaced with what?

That is not my problem, that is the banks problem.   Wink
@hulls, is that a hint?
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Re: New flaws in chip and pin system revealed

I must be pretty secure then, cos I don`t use birthday.... I use the one the bank gave me...... ! it has no correlation to my lifestyle whatsoever... !  Cheesy
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Re: New flaws in chip and pin system revealed

Quote from: Strat
Men could use the day and month of their wedding anniversary Undecided

I tried that but my wife kept putting in the wrong PIN Cheesy
BTW, anyone else get peeved when people call it a PIN number?

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Community Veteran
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Re: New flaws in chip and pin system revealed

Quote from: Mav
BTW, anyone else get peeved when people call it a PIN number?

It's the same with MAC but it doesn't worry me - life's too short.
itsme
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Re: New flaws in chip and pin system revealed

Has MAC filtering anything to do with asking for your MAC?