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It looks like cloning your chip is already a thing as well as other types of attacks. It doesn’t make sense why banks would deny fraud claims,
by johnnymonster 7y ago
It looks like cloning your chip is already a thing as well as other types of attacks. It doesn’t make sense why banks would deny fraud claims,
- johntash 7y ago> It doesn’t make sense why banks would deny fraud claims, So that they don't have to pay out those claims. It doesn't make sense why that is allowed though.
- beatgammit 7y agoHonestly, I don't understand why we don't use PINs here in the US for credit transactions, and most places don't even ask me to sign. I'm surprised there isn't _more_ fraud with our super lax financial system.