funsec mailing list archives
Customers 'blamed for card fraud'
From: Juha-Matti Laurio <juha-matti.laurio () netti fi>
Date: Sun, 4 Oct 2009 15:33:00 +0300 (EEST)
"Banks usually reimburse fraud victims, unless the customer acted fraudulently or without "reasonable care". But some banks are now turning down claims, saying customers must have left a copy of the Pin with their card. The banking industry says Chip and Pin is secure and each dispute is judged on its own merits. Richard Elphick, a chartered surveyor, told Radio 4's Money Box he had his wallet stolen while he was eating outside a central London restaurant in July. Although he cancelled his cards within the hour, the thief still had time to withdraw £100 cash from an ATM using his Natwest credit card, and make other purchases and withdrawals using his Natwest debit card. In total the fraud came to £2,300." But you have to read further at http://news.bbc.co.uk/2/hi/business/8287783.stm Juha-Matti _______________________________________________ Fun and Misc security discussion for OT posts. https://linuxbox.org/cgi-bin/mailman/listinfo/funsec Note: funsec is a public and open mailing list.
Current thread:
- Customers 'blamed for card fraud' Juha-Matti Laurio (Oct 04)
- Re: Customers 'blamed for card fraud' chris (Oct 04)
- Re: Customers 'blamed for card fraud' Martin Tomasek (Oct 04)
- <Possible follow-ups>
- Re: Customers 'blamed for card fraud' Robert Slade (Oct 07)