"Chip and Pin" cracked by criminal gangs, what will be next on the cards?

Run_to_da_hills · 14-08-2008 07:38PM #1

Seems a bit of a cat and mouse game between organised criminal gangs and financial institutes, first it was the magnetic strip which was hacked by skimmers, next the chip and pin was supposed to be "fool proof", Now we have heard that this has also been cracked, What else can they think of next :eek:

http://www.ft.com/cms/s/0/de5e5960-69a2-11dd-91bd-0000779fd18c.html

Jimbo · 14-08-2008 07:42PM

If the chips are hackable, imagine the carnage that will be caused when national identity cards come into force

Headshot · 14-08-2008 07:44PM

Run_to_da_hills wrote: »

Seems a bit of a cat and mouse game between organised criminal gangs and financial institutes, first it was the magnetic strip which was hacked by skimmers, next the chip and pin was supposed to be "fool proof", Now we have heard that this has also been cracked, What else can they think of next :eek:

http://www.ft.com/cms/s/0/de5e5960-69a2-11dd-91bd-0000779fd18c.html

thats old news

they put fake cover over where you put into the card and it scans your card and they put a small camera above the number buttons for your pin

shenanigans1982 · 14-08-2008 07:46PM

Run_to_da_hills wrote: »

Seems a bit of a cat and mouse game between organised criminal gangs and financial institutes, first it was the magnetic strip which was hacked by skimmers, next the chip and pin was supposed to be "fool proof", Now we have heard that this has also been cracked, What else can they think of next :eek:

http://www.ft.com/cms/s/0/de5e5960-69a2-11dd-91bd-0000779fd18c.html

Are all you're threads designed to instill fear/paranoia in us? Keep this up and pretty soon I'll be living in a basement having no contact with the outside world and eating beans from a tin......or ignoring your threads.

Headshot · 14-08-2008 07:47PM

Mr.S wrote: »

your thinking of ATMs

Chip & Pin is the yoke in shops/restraunts etc.

ohhhhh

they have done that now !

bloody hell

Phlann · 14-08-2008 07:47PM

You guys don't know the half of how insecure your money is.

There is a major financial institution in this country whose entire credit card system is wide open. All their administrator accounts have the exact same password.

The password is 'password'

I sh1t you not.

Run_to_da_hills · 14-08-2008 07:48PM

jimbo78 wrote: »

If the chips are hackable, imagine the carnage that will be caused when national identity cards come into force

They use entirely different types of chips, the one on current bank cards is like a mobile phone sim while the one on the proposed national ID card is "contactless" and radio based.

Archeron · 14-08-2008 07:48PM

The next big idea in international security is having us all connected at the base of our consciousness's to a huge central computer that can monitor our every thought, never mind our every move.
Unfortunately, word has it that the current approved version means we will all have to be attached to this supercomputer by wires, so it be may be a bit awkward in busy places, or on trains.

If I was connected now, I would know the plural of consciousness, so in a way, its a good thing.

Headshot · 14-08-2008 07:51PM

why dont they get cards that use your finger

instead of using the buttons to type in ,you have a machine that scans your finger

like at aerports

Jimbo · 14-08-2008 07:51PM

Phlann wrote: »

You guys don't know the half of how insecure your money is.

There is a major financial institution in this country whose entire credit card system is wide open. All their administrator accounts have the exact same password.

The password is 'password'

I sh1t you not.

Pubishing it on a public forum isn't going to help the situation.

Better not be my bank

Flamed Diving · 14-08-2008 07:54PM

I, for one, welcome our etc, etc.

Run_to_da_hills · 14-08-2008 07:57PM

Maybe the social welfare dept are going it about the right way by giving out the dole out in cash at local the post offices, thus eliminating the use of dodgy banking cards. Maybe we can hit our employers to go back to the old days of being paid in cash

Phlann · 14-08-2008 07:59PM

jimbo78 wrote: »

Pubishing it on a public forum isn't going to help the situation.

Better not be my bank

Well, I haven't given the name of the institution or the usernames (which tbf are laughably easy to guess).

They have so many superficial failsafes in place, like high and low user classes to prevent low-level employees from messing about (everything needs to be approved by supervisor accounts)... and then there's this series of super-user accounts - all with the same password - that allow anybody access to the entire system!

Jokeshop.

Jimbo · 14-08-2008 07:59PM

Retina scanners in shops ftw

Gran Hermano · 14-08-2008 08:17PM

Time for Run to da hills weekly tin-foil hat thread.
You're going to give yourself an ulcer or heart-attack with all the
worry.

I'm off to Feedback to see if we can have the Conspiracy Theories
board renamed in his honour.

thelordofcheese · 14-08-2008 08:17PM

shenanigans1982 wrote: »

Are all you're threads designed bore us rigid?

I fixed that for you.

shenanigans1982 · 14-08-2008 08:18PM

Archeron wrote: »

The next big idea in international security is having us all connected at the base of our consciousness's to a huge central computer that can monitor our every thought, never mind our every move.
Unfortunately, word has it that the current approved version means we will all have to be attached to this supercomputer by wires, so it be may be a bit awkward in busy places, or on trains.

If I was connected now, I would know the plural of consciousness, so in a way, its a good thing.

I'll get John Connor and get him to a safe house.

humanji · 14-08-2008 10:58PM

Nonsense. Urine Samples ftw!

Guy:Incognito · 14-08-2008 11:05PM

Yawn. Anyone can buy a card reader. whats so newsworthy about that,

No system is secure when people on the inside can be bought or decide to organise a scam. Thats obvious. Theres nothing wrong with the system but when someone with acess turns bad theres very little can be done till they are found and stopped.

brianthebard · 14-08-2008 11:09PM

Archeron wrote: »

The next big idea in international security is having us all connected at the base of our consciousness's to a huge central computer that can monitor our every thought, never mind our every move. Unfortunately, word has it that the current approved version means we will all have to be attached to this supercomputer by wires, so it be may be a bit awkward in busy places, or on trains. If I was connected now, I would know the plural of consciousness, so in a way, its a good thing.

consciousness can't have a plural.

El Weirdo · 14-08-2008 11:22PM

Stekelly wrote: »

Yawn. Anyone can buy a card reader. whats so newsworthy about that,

No system is secure when people on the inside can be bought or decide to organise a scam. Thats obvious. Theres nothing wrong with the system but when someone with acess turns bad theres very little can be done till they are found and stopped.

Therefore, there is something wrong with the system.;)

Dave! · 14-08-2008 11:32PM

Flamed Diving wrote: »

I, for one, welcome our etc, etc.

Welcome our what?

jester77 · 14-08-2008 11:49PM

Run_to_da_hills wrote: »

Seems a bit of a cat and mouse game between organised criminal gangs and financial institutes, first it was the magnetic strip which was hacked by skimmers, next the chip and pin was supposed to be "fool proof", Now we have heard that this has also been cracked, What else can they think of next :eek:

http://www.ft.com/cms/s/0/de5e5960-69a2-11dd-91bd-0000779fd18c.html

SCOOP:
They will hack our minds :eek: :eek: :eek:

FOR SALE:
Tin foil hats, only €99

Guy:Incognito · 15-08-2008 12:25AM

el_weirdo wrote: »

Therefore, there is something wrong with the system.;)

Well unless someone can create a system that isnt created by someone and that no one has access to (skynet?

) then every system is fallible.

d22ontour · 15-08-2008 12:51AM

Skynet is already upon us.

http://www.skynet.be/

And there bb pisses on everyone elses too.

:pac:

jimmycrackcorm · 15-08-2008 01:05AM

This is typical of the news media bending the truth to sell more. The chip and pin system has not been hacked. All that is happening is that instead of criminals using cameras to capture what pin is being entered, they can now record the pin from the keypresses. Then to use that pin they have to go back to the old method of using the magnetic stripe on an atm that doesn't have chip capability. They can't clone the chip because even with the pin, you can't actually read the essential data off it.

DanGerMus · 15-08-2008 01:23AM

{(-_-)}HeadShoT** wrote: »

why dont they get cards that use your finger

instead of using the buttons to type in ,you have a machine that scans your finger

like at aerports

Well thats all well and good until you consider two things.

1. There will always be a scumbag criminal who will want to rob your money from the bank.

2. What do you think he will have to do to get a hold of your finger.

\/\/\/Similarly Retina scans not so good\/\/\/

Savman · 15-08-2008 01:51AM

Run to da hills...prolly the most apt username on boards.

I'm convinced he's recruiting for the Movementarians.

Alun · 15-08-2008 09:43AM

Stekelly wrote: »

Yawn. Anyone can buy a card reader. whats so newsworthy about that,

No system is secure when people on the inside can be bought or decide to organise a scam. Thats obvious. Theres nothing wrong with the system but when someone with acess turns bad theres very little can be done till they are found and stopped.

Absolutely .. nothing at all has been "cracked" :rolleyes::rolleyes:

thelordofcheese · 15-08-2008 09:59AM

d22ontour wrote: »

Skynet is already upon us.

http://www.skynet.be/

And there bb pisses on everyone elses too.

:pac:

Theres an irish skynet as well, though i think they are all linux nerds and therefore no threat to anybody

hobochris · 15-08-2008 10:05AM

the only solution is Biometrics.

finger print scanners can and have been cracked already.

for the moment it'll have to be iris scanners.

eventually I'd say it will be a DNA scanner that doesn't require a separate sample. i.e. it can scan you DNA from just being in contact with your skin, but thats a few years down the line, they are still trying to decipher the DNA coding.

"Chip and Pin" cracked by criminal gangs, what will be next on the cards?

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