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People said the said the same about ATMs. They were wrong.
by blowski 9y ago
People said the said the same about ATMs. They were wrong.
- tjoff 9y agoHow is ATMs remotely similar?
- xxpor 9y agoYou give a 3rd party ATMs permission to withdraw money every time you use them. If they wanted to, they could store the data on the stripe of the card and your pin, and steal all of your money.
- tjoff 9y agoThat's not worse than doing any purchase at all. If anything ATMs are the safest and best option available, well, aside from malicious hardware modifications done to them. Having access to my bank account with all the history is another thing entirely.
- xxpor 9y agoI guess our threat models are different. I'm not worried about transaction history as much as being able to drain the account.
- tjoff 9y agoEven so, ATMs are much safer than trusting the store clerk and whatever device they use to read your card. I know some magnetic stripe readers actually imitates a keyboard and just "write" the card info. So if you gave focus to notepad.exe instead all the card info would be dumped in cleartext. "Oh, seems it didn't register, could you swipe your card again?"