On the other hand, with Chip & PIN, if someone uses the Chip and PIN they will claim that they don't have to protect you from fraud. I recall reading a few yea

On the other hand, with Chip & PIN, if someone uses the Chip and PIN they will claim that they don't have to protect you from fraud. I recall reading a few years ago about auto insurance companies denying claims on stolen cars because it was "impossible" for the car to be stolen due to the new key tech at the time. They were ignoring that the dealerships help the master keys, and car thieves would just attack that as the weak point (i.e. get an insider to cut the keys, and give you the address for the owner). The real reason that the insurers were denying claims is that they want to just push all of the risk onto the consumer, while still taking their money to 'insure' them.