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Joined: 29 May 2006
Location: Centre Stage in the Theatre of Cruelty
Mon Sep 29, 2008 10:53 pm
I've noticed that in a lot of written CC transactions now they ask for the 3-digit 'security code' on the back of the card which kinda defeats the whole object? I thought it was designed to deter people who only have the card number/expiry but not the actual card?
I'd had my CC compromised twice. Once was via an insecure website for a very well known and reputable international company when someone used the details to purchase about $7000 worth of domain names and other internet stuff. The other happened a couple of years later when I suddenly discovered I'd bought over $10,000 worth of airline tickets. I have absolutely NO idea how someone in Italy got hold of the details on that occasion. On both occasions the bank covered it. No wonder they charge fees.
"you have to pay because he need to submit this form to the Federal Ministry Of Fancies" Barrister John/Mike/Richard Okeke
"they are in deed the swinders rotating about in the net and searching for whom they will stylishly defraud your belongings" A. Moron
"Please pray harder for God to guide and protect us during our travelling because flight airplane i observe is a very big risky" Abdul Karibu
"WE DOESN'T LIKE HOW DISOBIDIENT YOU ARE!" Coco Law Chambers
"BE INFORMED THAT YOU WILL INCUR DUMMERAGE AFTER 9 DAYS FROM TODAY" Burkina Faso Air Secure Air Service.\
FUK OOOOOOOOF - Mrs Cooker James
you are a fo0l forever because you are not worthy to be a human being but an Animal.
.something that cannot take 10minutes is taking you 2months- barrister lawrence
eatsroots Hello I'm New here!
Joined: 29 Sep 2008
Tue Sep 30, 2008 9:10 am
[snip]...On both occasions the bank covered it. No wonder they charge fees.
It's almost always the merchant that wears it, rather than the bank. Unless the merchant has a signature on a slip (or a pin was used with a physical card) then they cop it.
A lot of the ATMs I've seen on travels show an image on the display screen of what the card slot should look like, as well as other measures to prevent card and pin reading mods. Like everything else, though, these measures are reactive but we've come a long way from pin being encoded on the mag strip in plain text.
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