"Banks usually reimburse fraud victims, unless the customer acted fraudulently or without "reasonable care".
But some banks are now turning down claims, saying customers must have left a copy of the Pin with their card. The banking industry says Chip and Pin is secure and each dispute is judged on its own merits. Richard Elphick, a chartered surveyor, told Radio 4's Money Box he had his wallet stolen while he was eating outside a central London restaurant in July. Although he cancelled his cards within the hour, the thief still had time to withdraw £100 cash from an ATM using his Natwest credit card, and make other purchases and withdrawals using his Natwest debit card. In total the fraud came to £2,300." But you have to read further at http://news.bbc.co.uk/2/hi/business/8287783.stm Juha-Matti _______________________________________________ Fun and Misc security discussion for OT posts. https://linuxbox.org/cgi-bin/mailman/listinfo/funsec Note: funsec is a public and open mailing list.
