RE: Bank Of Montreal Online Security

"Globalart4u Enquiries" <[email protected]>
Newsgroups gmane.comp.security.basics
Message-ID <000e01cdb806$a6693640$f33ba2c0$@com>
What do European banks use the same chip and pin system as the UK or
something else?


 Tallat

 
www.promomat.biz
www.tartanrock.com
www.yuckyslugsandsnails.co.uk



-----Original Message-----
From: [email protected] [mailto:[email protected]] On
Behalf Of Scott Herbert
Sent: Wednesday, October 31, 2012 6:15 PM
To: 
Subject: RE: Bank Of Montreal Online Security

> The US has only now (March 2012) started insentives to adopt Pin and 
> Chip credit cards (to avoid the failed PCI-DSS.)

Chip and Pin can be broken by a MiM attack[1], but it's still a lot better
the single factor auth being rolled out by UK banks in the form of NFC cards
[2][3]

[1]
http://www.cl.cam.ac.uk/research/security/banking/nopin/oakland10chipbroken.
pdf
[2]
http://www.barclays.co.uk/Helpsupport/Barclayscontactlessdebitcards/P1242561
764200
[3]
http://www.gizmodo.co.uk/2012/03/barclays-debit-cards-details-can-be-nicked-
with-an-nfc-mobile-bump/






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