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 - Memuneh
60580 posts

Uber Geek
+1 received by user: 11517

Administrator
Trusted
Geekzone
Lifetime 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.







4025 posts

Uber Geek
+1 received by user: 1076

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?

21121 posts

Uber Geek
+1 received by user: 4208

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

21121 posts

Uber Geek
+1 received by user: 4208

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 »

N4L helping TAKA Trust bridge the digital divide for Lower Hutt students
Posted 18-Jun-2018 13:08


Winners Announced for 2018 CIO Awards
Posted 18-Jun-2018 13:03


Logitech Rally sets new standard for USB-connected video conference cameras
Posted 18-Jun-2018 09:27


Russell Stanners steps down as Vodafone NZ CEO
Posted 12-Jun-2018 09:13


Intergen recognised as 2018 Microsoft Country Partner of the Year for New Zealand
Posted 12-Jun-2018 08:00


Finalists Announced For Microsoft NZ Partner Awards
Posted 6-Jun-2018 15:12


Vocus Group and Vodafone announce joint venture to accelerate fibre innovation
Posted 5-Jun-2018 10:52


Kogan.com to launch Kogan Mobile in New Zealand
Posted 4-Jun-2018 14:34


Enable doubles fibre broadband speeds for its most popular wholesale service in Christchurch
Posted 2-Jun-2018 20:07


All or Nothing: New Zealand All Blacks arrives on Amazon Prime Video
Posted 2-Jun-2018 16:21


Innovation Grant, High Tech Awards and new USA office for Kiwi tech company SwipedOn
Posted 1-Jun-2018 20:54


Commerce Commission warns Apple for misleading consumers about their rights
Posted 30-May-2018 13:15


IBM leads Call for Code to use cloud, data, AI, blockchain for natural disaster relief
Posted 25-May-2018 14:12


New FUJIFILM X-T100 aims to do better job than smartphones
Posted 24-May-2018 20:17


Stuff takes 100% ownership of Stuff Fibre
Posted 24-May-2018 19:41



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.