Tag: PIN

Debit card disaster – PINs and fingerpointing

BoingBoing reported the story of Citibank’s debit card fiasco the first of the week. Many questions remain, and fingerpointing has inevitably reared it’s ugly head.

For those yet uninformed, the week brought to light that a yet unknown amount of debit card data, including card numbers, PINs, and encryption keys, where being used to empty bank accounts. Seems the accounts originate in the US, but the fraudulent transactions were being perpetrated in Canada, the U.K. and Russia.
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