Re: UK: Chip and PIN Fraud Hits Lloyds TSB

["David Lodge" <dave () cirt net>]

On Thu, 11 May 2006 20:09:53 +0200, <Blanchard_Michael () emc com> wrote:
>  so a "chip and PIN" card/token/whatever has BOTH the account number and  
> the PIN to access it built in?  That doesn't sound safe to me at all.   
> I'll bet it's RFID like the shell\Mobil tokens too....

Not quite. The chip holds the normal credit card details (same as are on  
the magnetic stripe on the back, i.e. CCN, expiry date, name). The PIN is  
used as a key to unlock the chip.
_______________________________________________
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.