Date: Sat, 17 Apr 2004 12:48:47 +0100
From: Chesney Christ 
Newsgroups: uk.finance
Subject: Re: PIN fraud


A certain Ronald Raygun, of uk.finance "fame", writes :

>> if the PIN was in the card there would be no
>> need for that? Secondly, how do PINS get changed by banks without your
>> card being involved?
>
>The card can be updated next time it goes on line.

The card may get reused at a retailer before it is next used at a bank, 
so the opportunity to update the PIN wouldn't exist unless all the 
retailers had the capability to perform the updates. If that's the case 
then the retailers may conceivably have access to the PIN while it gets 
programmed onto the card - possible security risk.

-- 

"Jokes mentioning ducks were considered particularly funny." - cnn.com