> But, the PIN is supposed to be a secret.

They make a point of not knowing what your actual PIN is.  What they 
put in the chip is an encrypted PIN block that has to be matched after 
the PIN that you actually key in has been put through the ringer.  

Even if you could read the chip, and find your PIN block, unless you knew 
what cryptographic key(s) were used, and which variant(s), to create it and 
using which algorithm(s), you wouldn't be able to come up with your clear 
text PIN.  Your clear text PIN is not recorded anywhere unless you wrote it 
down.  

 

 
> Date: Thu, 7 Jan 2010 22:51:52 +0000
> From: [email protected]
> Subject: Re: Korean bank Moves back to Mainframes (...no, not back)
> To: [email protected]
> 
> >I presume they did that for your convenience. (Not anybody else's since they 
> >wouldn't know the PIN.) 
> However, being a "smart" card with a processor on it, you should be able to 
> change your PIN at an ATM. 
> 
> Yes!
> But, the PIN is supposed to be a secret.
> Give me the chip-card, and have me come in to re-do my PIN would have made me 
> feel more secure.
> 
> They didn't do that!
> -
> Too busy driving to stop for gas!
                                          
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