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Decriminilisation of credit card fraud

Jimbo :oÞ (Elite Donator) posted this on Thursday, 21st June 2007, 13:23

Reading the AOL news pages and apparently the Home Office have now decided you can no longer directly report a Credit Card fraud to them but it`s down to the bank to decide what should and shouldn`t be reported!!??!!

Apparently this is so the police can "concentrate on offences with a more positive outcome" ?
Sounds like bulls***ting figures to me.
I understand the cops can be run ragged...aint it time more of our taxes were used to recruit officers and pay for the building of new prisons rather than let these thieves run wild?

Jimbo : oÞ

"Making Teenagers depressed is like shooting fish inna barrel"

RE: Decriminilisation of credit card fraud

xfg (Elite Donator) posted this on Thursday, 21st June 2007, 13:35

Quote:
but it`s down to the bank to decide what should and shouldn`t be reported!!??!!


And nothing will be because they reckon Chip and PIN is infallible.




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RE: Decriminilisation of credit card fraud

Pete-MK (Elite Donator) posted this on Thursday, 21st June 2007, 16:51

Quote:
And nothing will be because they reckon Chip and PIN is infallible.

In itself, it is, that`s why all the crims are going back to cheque fraud, and vicariously why a lot of shops and garages aren`t accepting cheques anymore


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RE: Decriminilisation of credit card fraud

xfg (Elite Donator) posted this on Thursday, 21st June 2007, 16:59

It`s crackable, but if it happens the banks won`t cover your bill like they would with signatures because they reckon it`s totally safe and you "must have told someone you PIN". Some people were on Watchdog about it early in the year.

I *much* prefer Chip and PIN to having to faff about signing for things though.




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RE: Decriminilisation of credit card fraud

seached (Harmless) posted this on Thursday, 21st June 2007, 20:31

Chip and pin ain`t been cracked. Well the technology anyway.

Hey you guy`s

RE: Decriminilisation of credit card fraud

Rassilon (Elite) posted this on Thursday, 21st June 2007, 22:56

But you can hack a terminal\cardreader to play Tetris. 8)




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This item was edited on Thursday, 21st June 2007, 23:58

RE: Decriminilisation of credit card fraud

bigkahunas (Competent) posted this on Friday, 22nd June 2007, 02:14

Quote:
Chip and pin ain`t been cracked. Well the technology anyway.


Maybe not the encryption in the terminal itself, but certainly the data between the pin console and the main PDQ box

Petrol giant Shell has suspended chip-and-pin payments in 600 UK petrol stations after more than £1m was siphoned out of customers` accounts.

Chip and PIN (EMV) Point-of-Sale Terminal Interceptor

Bank admits flaws in chip and PIN security

I guess the banks aren`t asserting enough pressure on politicians to make this a more serious crime if they are thinking of decriminalising it!

This item was edited on Friday, 22nd June 2007, 03:15

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