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Fargus's Avatar
Posts: 1,217 | Thanked: 446 times | Joined on Oct 2009 @ Bedfordshire, UK
#93
Originally Posted by azorni View Post
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Now if it was possible to clone a credit card that easily, then it would mean that the protection system of the bank has become obsolete, and better ways of electronic identification should be designed. (I guess you don't use PIN protected cards as we do in Europe, but anyway...)
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Actually it is a complete piece of p**s to do! The banking industry is actually in the middle of rolling out newer tech to combat this. The reason for PIN cards was to introduce a new contract putting the emphasis on the end user of the card not the bank for fraud issues.