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
49619 posts

Uber Geek
+1 received by user: 4465

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.







3610 posts

Uber Geek
+1 received by user: 890

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?

10990 posts

Uber Geek
+1 received by user: 494

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

10990 posts

Uber Geek
+1 received by user: 494

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:




News »

Trending now »
Hot discussions in our forums right now:

Moment of Truth?
Created by BarTender, last reply by Geektastic on 19-Sep-2014 19:00 (401 replies)
Pages... 25 26 27


Mr. Key to extradite Kim Dotcom?
Created by TimA, last reply by SaltyNZ on 18-Sep-2014 09:20 (126 replies)
Pages... 7 8 9


2014 Holden SS (V8) or Ford XR6-T (in-line 6 turbo)
Created by joker97, last reply by ilovemusic on 16-Sep-2014 14:34 (71 replies)
Pages... 3 4 5


6.6Mb/s "in spec" for Torbay, Auckland?
Created by theasset13, last reply by dcole13 on 19-Sep-2014 21:11 (16 replies)
Pages... 2


Computer Lounge's Zen Radical
Created by JayADee, last reply by JayADee on 19-Sep-2014 14:51 (15 replies)

Maybe some politicians should go back to school?
Created by jarledb, last reply by DarthKermit on 18-Sep-2014 18:27 (31 replies)
Pages... 2 3


FS: Server time
Created by deathslocus, last reply by CamH on 17-Sep-2014 21:31 (30 replies)
Pages... 2


Netflix Prezzy payment
Created by freakalad, last reply by freakalad on 18-Sep-2014 20:50 (14 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.