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Going backwards
Following our coverage of contactless payment systems, Andrew Calver-Jones writes from CTi Communications to question the direction our payment security is heading.
“First you had to be able to copy a signature, now with chip-and-PIN someone just needs to look over your shoulder before they nick the card,” he says. “With contactless payment surely they just need to nick the card?”
Not if you beat the thieves by leaving the card at home on purpose.
So you're only dealing in cash from now on then. At least that way when they knock you on the head they only get what's in your pocket and not free access to your bank account!
Posted by :Phil Crompton | May 23, 2008 10:54 AM