☞ Chipped and Flawed
By webmink on Feb 11, 2010
Watch the video and see this entirely straightforward attack being carried out. There is clearly a huge issue here, and the fact the banks will claim that "PIN Authorised" means they have no liability means we should all shout loudly about it.
Jonathan Schwartz has a new blog.
Note how unconcerned the bank spokesman appears. Then note that all transactions verified with a PIN (according to the bank) are the liability of the customer. Then draw the obvious conclusion.