Professor Concerned About Chip and PIN Security
A Professor of Cambridge University expresses doubts over Chip and PIN security
18th December 2004
Professor Ross Anderson of Cambridge University has expressed concerns over the security of the much-vaunted chip and pin technology currently being rolled out across the UK.
According to a BBC article, he's worried that market stalls could easily be set up to copy chip and pin details with custom-built machines, and then use the information to illegally replicate cards.
The banking industry rejects the fears, with a spokeswoman offering this slightly baffling comment via the BBC web site:
"We don't think they can use fake machines because the machines themselves are engineered to read the chip so they must be reading the chip very carefully. That makes the transaction itself extremely secure."
Read More: Full BBC Report
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