Reports Keep Surfacing That Chip And Pin Credit / Debit Cards Are Insecure. Does Cambridge University Have The Smoking Gun?

Reports are growing and continuing to surface that the chip and pin process in credit and debit cards is easily broken and fraudulent transactions can easily be made. In the UK the banks are saying that  it is not their problem even thought the chip and pin system was designed to offload blame for fraud onto the customer away from the banks. The report below outlines the problem….

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