Chip and pin still best card fraud safeguard, says expert

David Benyon
24 Feb 2010

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Scientists at Cambridge University claimed earlier this month to have found a way to trick card terminals used by retailers to allow fraudsters to target debit and credit card accounts without knowing cardholders’ Pin numbers. Machines using ‘Chip and Pin’ – otherwise known as EMV technology – are widely regarded as the most advanced current standard widely used to protect against card fraud.

Researchers found it is possible to attach a small chip to the back of a debit or credit card to

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