Re: zfc and Orpheus... Chip & pin

In article <4de61554f6tim@xxxxxxxxxxxxxx>,
Tim Hill <tim@xxxxxxxxxxxxxx> wrote:
> http://news.zdnet.co.uk/internet/security/0,39020375,39231006,00.htm

> And that's just for now.

here's another which should be read:

http://www.channelregister.co.uk/2005/10/18/lloyds_tsb_password_generators/

which goes on to hint at developments:

"Bacon indicated that a longer-term security solution for online banking
could be card readers. Chip and PIN has been rolled out in the UK as a
means of reducing point of sale card fraud. The readers are found in
shops but not in cardholders' homes - so they offer no protection against
card-not-present (CNP) fraud.

"According to Bacon, it's feasible that this will change to a card and
card-reader solution, allowing consumers to use new chip and PIN credit
and debit cards for secure CNP transactions and internet banking. Lloyds
TSB will be monitoring these developments closely.

"APACS has developed a standard for card-readers that is in "a very
mature draft form," according to Richard Martin who facilitates APACS'
e-banking fraud liaison group. The standard addresses details of
cryptography and, for example, the buttons that will feature on the
readers. Vendors are working on devices that will adhere to the standard
and banks will be able to buy these for deployment to customers. Some
vendors are working on readers that will be accessible to disabled users,
according to Martin."

Interesting, the gradual shift from Cardholder-Not-Present to
Card-Not-Present as time passes.

Sorry for the long posting but it becoming evident that all evidence of
upcoming measures to combat fraud are being ignored by some posters here.

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