Chip and PIN scam nets ₤1m
By Iain Scott
Chip and PIN scam nets ₤1m
Petrol giant Shell yesterday suspended chip and pin payments in 600 filling stations across
BP and other petrol companies were also looking into reports of fraud, including a number of incidents in the
The scam works by criminals implanting devices into chip and pin machines, which can copy a bank card's magnetic strip and record a person's pin number.
New Java Card version
Sun Microsystems has announced the availability of version 2.2.2 of its Java Card platform specification and Java Card Development Kit, reports SecureIDNews.
Java Card 2.2.2 adds contactless capabilities and biometry support for smart card chip manufacturers, smart card vendors, and Java Card platform implementation providers to embed into their products.
Sun announced the new Java Card platform specification in
Security measures enhanced
MasterCard International has introduced two new authentication solutions, the MasterCard All-in-One Authentication Device and MasterCard Mobile Authentication, designed to enhance security for both online banking and e-commerce transactions.
CRM Today reports both solutions are based on the proven MasterCard authentication standard, known as the OneSmart Chip Authentication Programme (CAP), in use in multiple countries around the world.
The two solutions provide enhanced security by offering "two-factor authentication", whereby a consumer employs something only he or she knows (such as a PIN) in tandem with something he/she has (an authentication device or a mobile phone).
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