Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.

View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 | 3 | 4 
BDFL
49908 posts

Uber Geek
+1 received by user: 4621

Administrator
Trusted
Geekzone
Subscriber

  Reply # 714308 8-Nov-2012 18:36 Send private message

Credit card skimming in Auckland with fake cards being created and used in Canadian ATMs to withdraw cash.

Obviously mag stripe skimming is thriving in New Zealand, regardless of CVV2 usage - CVV1 is still in the mag stripe and it's that's needed for machine operation when the CVV2 is not asked for.







3641 posts

Uber Geek
+1 received by user: 918

Trusted

  Reply # 714372 8-Nov-2012 20:28 Send private message

Yeah thats always confused me - I assume the point is once we all have chips then they phase out the stripe? until then the whole security of the card is compromised by the stripe?

11113 posts

Uber Geek
+1 received by user: 543

Trusted
Subscriber

  Reply # 714411 8-Nov-2012 22:14 Send private message

ajobbins:
freitasm: A couple of years ago I was interested to find out why Dick Smith would use my credit card on EFTPOS terminals and then enter my credit card number in their POS - I mean, it's paid, accepted, they don't have to store my credit card for anything, so why do they?


Did you ever find out? I remember they used to write the last four digits on a copy of the receipt that went in the till.


writing the number is to proove they read it and it matches what the card swiped as.

If they are putting card data into the pos system will be interesting if they really are pci complient or not. Not that anyone cares when places are not.




Richard rich.ms

11113 posts

Uber Geek
+1 received by user: 543

Trusted
Subscriber

  Reply # 714414 8-Nov-2012 22:18 Send private message

eXDee: Yeah thats always confused me - I assume the point is once we all have chips then they phase out the stripe? until then the whole security of the card is compromised by the stripe?


not as much as all the info needing to charge it being on the card in plaintext embossing. stripes can be rewritten as bnz do. numbers on the card are for life of the card and changing cards is a pita when banks refuse to issue a stack of spares and you have to reestablish charging with merchants on every card change.




Richard rich.ms

1 | 2 | 3 | 4 
View this topic in a long page with up to 500 replies per page Create new topic




Twitter »
Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





Trending now »

Hot discussions in our forums right now:

Snap have failed our company!
Created by dafman, last reply by kornflake on 21-Oct-2014 23:04 (23 replies)
Pages... 2


Spark Socialiser
Created by freitasm, last reply by Flickky on 21-Oct-2014 22:10 (21 replies)
Pages... 2


Another Trade Me competitor: SellShed
Created by freitasm, last reply by jonathan18 on 21-Oct-2014 23:12 (32 replies)
Pages... 2 3


American legal jurisdiction in New Zealand
Created by ajobbins, last reply by gzt on 21-Oct-2014 14:58 (30 replies)
Pages... 2


Overcharged by Slingshot for months - warning to existing customers
Created by dusty42, last reply by richms on 21-Oct-2014 19:15 (27 replies)
Pages... 2


Why would Suresignal calls be worse quality than non-Suresignal calls from the same location?
Created by Geektastic, last reply by froob on 21-Oct-2014 08:21 (41 replies)
Pages... 2 3


Just bought a TiVo online. No wireless adaptor. Will a standard one work? Or do I need the TiVo one ?
Created by Limerick, last reply by graemeh on 20-Oct-2014 16:03 (11 replies)

Spark Socialiser and new plan
Created by saeran, last reply by eXDee on 21-Oct-2014 21:52 (10 replies)


Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.

Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.