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Chip transactions are indeed a huge signal - a chip transaction can’t be faked due to strong cryptography. Granted, the card can still be stolen, but it’s rare
by Rjevski 9y ago
Chip transactions are indeed a huge signal - a chip transaction can’t be faked due to strong cryptography. Granted, the card can still be stolen, but it’s rare enough that most banks let it though.
- InitialLastName 9y agoI feel like if my card gets stolen and I don't notice before it gets to Japan and starts spending money, I have bigger issues.
- ahakki 9y agoMagstrip cards can be cloned very easily. You might still have your card, but maybe someone copied the data off it last week. The chip is a different story.
- zeusk 9y ago> a chip transaction can’t be faked due to strong cryptography. There is always a defcon pwn https://www.youtube.com/watch?v=JABJlvrZWbY https://www.youtube.com/watch?v=JABJlvrZWbY