Quote:
Originally Posted by sharphead
I know you think this is groundshaking news... but really, anything that someone tries to "secure" can be unsecured. Yes, even when they come up with a plan to implant chips in your hand to make payments, someone somewhere will come up with a scanner that will strip all your info from a simple handshake and then everyone will freak out about how easy it is to crack it.
Check your bank balances every day and report anything suspicious to your bank immediately and your covered. That is it.
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I don't think it is ground shaking by any means
i work in the payment space and have seen it all. I do however think it is pretty sophisticated and it will require a complete rewrite of the way the banks work with PIN's
You are not covered if someone nabs your PIN and makes a purchase with a card and withdraws your cash directly from your bank account. It will take months before the banks will sort out the missing money if they ever do
So even if you check your account everyday you may see money missing but it will be a battle to try and recover that money