iTnews
  • Home
  • News
  • Technology
  • Security

Chip-and-PIN security goes on trial

By Tom Young on Apr 30, 2009 1:54PM
Chip-and-PIN security goes on trial

A trial that could prove to be a test case for the security of chip-and-PIN card technology starts today in the UK.

Alain Job is suing UK bank Halifax, claiming that a fraudster withdrew £2,100 from his account at cash machines despite the fact he did not lose his card and changed his PIN as soon as he received it.

The bank refused to refund the money, claiming that its chip-and-PIN system is secure.

The case is the first of its kind and could set a precedent for whether or not the security of the credit card chip technology is vulnerable.

If it were proved Job’s card had been cloned or hacked, it could be the bank’s responsibility to pay.

Job is optimistic about winning.

“I want the opinion of a judge on this,” he said.

In the US, the burden of proof in such cases falls on banks. Ever ­since a precedent-setting case in the 1990s, banks have been obliged to provide CCTV evidence of a cardholder making a withdrawal or give the money back.

But in the UK, banks can produce evidence from their computer systems to show that a withdrawal appears to have been made by a customer, said Ross Anderson, a security expert at Cambridge University.

Halifax said it was confident it would win the case.

“We will be defending the action quite strongly. This is not about the money ­it is a point of principle,” said a spokesman.

Got a news tip for our journalists? Share it with us anonymously here.
Copyright © 2010 Computing
Tags:
chipandpingoesonsecuritytrial

Partner Content

Why rethinking your CMS is crucial for customer retention
Promoted Content Why rethinking your CMS is crucial for customer retention
Avoiding CAPEX by making on-premise IT more cloud-like
Promoted Content Avoiding CAPEX by making on-premise IT more cloud-like
Security: Understanding the fundamentals of governance, risk & compliance
Promoted Content Security: Understanding the fundamentals of governance, risk & compliance
Accenture and Google Cloud team up to create a loveable, Australian-first, renewable energy product
Promoted Content Accenture and Google Cloud team up to create a loveable, Australian-first, renewable energy product

Sponsored Whitepapers

Free eBook: Digital Transformation 101 – for banks
Free eBook: Digital Transformation 101 – for banks
Why financial services need to tackle their Middle Office
Why financial services need to tackle their Middle Office
Learn: The latest way to transfer files between customers
Learn: The latest way to transfer files between customers
Extracting the value of data using Unified Observability
Extracting the value of data using Unified Observability
Planning before the breach: You can’t protect what you can’t see
Planning before the breach: You can’t protect what you can’t see

Events

  • Forrester Technology & Innovation Asia Pacific 2022
By Tom Young
Apr 30 2009
1:54PM
0 Comments

Related Articles

  • Uber ex-security chief must face fraud charges
  • Twitter says zero-day bug leaked account data
  • Android apps are invasive and unsafe: study
  • Patches out for serious vulnerabilities in several VMware products
Share on Twitter Share on Facebook Share on LinkedIn Share on Whatsapp Email A Friend

Most Read Articles

Telstra deregisters 900MHz sites “hindering” Optus 5G rollout

Telstra deregisters 900MHz sites “hindering” Optus 5G rollout

Aussie Broadband nears end of NBN PoI fibre rollout

Aussie Broadband nears end of NBN PoI fibre rollout

Defence, DEWR drop $160m on Microsoft software, Azure

Defence, DEWR drop $160m on Microsoft software, Azure

Transport for NSW exits Global Switch data centre

Transport for NSW exits Global Switch data centre

Digital Nation

COVER STORY: What happens when Google changes its algorithm?
COVER STORY: What happens when Google changes its algorithm?
Case Study: Multicloud business drivers at MLC Life Insurance
Case Study: Multicloud business drivers at MLC Life Insurance
Case Study: Swinburne University overhauls student management system
Case Study: Swinburne University overhauls student management system
Personalisation strategies need to be built from the ground up
Personalisation strategies need to be built from the ground up
COVER STORY: Multiple cloud models make security more complex
COVER STORY: Multiple cloud models make security more complex
All rights reserved. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorisation.
Your use of this website constitutes acceptance of nextmedia's Privacy Policy and Terms & Conditions.