From: "Alex" 
Newsgroups: uk.finance uk.legal
Subject: Re: Credit Cards/Chip and Pin/ATM withdrawls
Date: 22 Dec 2005 18:38:31 GMT

At 18:00:42 on 22/12/2005, Mike Scott delighted uk.finance by announcing:

> Alex wrote:
> ...
> > There's no such thing.  When the correct PIN is presented to the card, it
> > responds with a cryptogram indicating the status.  This cryptogram is
> > generated using the private key stored on the card.
> 
> OK then, what possibilities are there should a corrupt bank employee provide
> the bank's key(s) to his corrupt mates?

How does the employee get the key(s)?