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Hacker serving 5-year sentence invents ATM add-on to prevent theft

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Re: Hacker serving 5-year sentence invents ATM add-on to prevent theft

#52
post #6

I'm sorry, but don't smart cards completely obviate the skimmer issue? Aren't they widely used in Canada and Europe? I'm not terribly knowledgeable in this area, but I thought this was a solved problem being held up by corporate interest in the US.

Yes but I have yet to see an ATM anywhere that uses a chip reader slot, they all pull in the card in the same manner as a magstripe ATM (if they use the chip internally, I do not know).

Re: Hacker serving 5-year sentence invents ATM add-on to prevent theft

#53

Like other readers have said, the real step forward in this area would be chip and pin. That raises a potentially more interesting question though, how do you transfer a country the size of the US from swiping to the chip and pin? Even here in the UK, where absolutely everywhere that uses a card is using the chip, a bank can't ditch the magnetic strip because then suddenly they're the only bank where you can't use yo…

> how do you transfer a country the size of the US from swiping to the chip and pin?

Well most of the rest of the world transferred without too many hitches, why would the US be any different?

I've seen a few chip readers in the US, but none of them have been active.

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