Quote:
|
Originally Posted by daz300
i have just been shoping and no shop is doing chip and pin they all are asking you to put you name down like back in the old days . i did ask why and all i got wos " do not ask you would never use your card if you did " any one know an thing about it ??
|
2 out of 3 transacttions can be done with Chip and Pin. If retailers do not upgrade, they will will have to pick up all fraud costs (from early next year...)
see
http://www.chipandpin.co.uk/reflib/d...ardholders.pdf
__________________
Quote:
|
Originally Posted by nffc
How can it be secure if they've already cracked it?
|
Suppose that you encrypt your pin with RSA and you put the encrypted version on the web.
The faster computer or supercomputer or cluster of computers will take over 100 years to crack it (128 bit encryption). So in 100 years everyone will have your pin. Do you care if this happens?
In fact 200 digit encryption requires billion years to crack