>The chip is not just data; it is a processor. All data exchanged between the >card (ie. the chip) and the terminal is encrypted.
Why can't their web-site say that? >There's obviously a lot more to it than that but, right from that basic level, >the chip is inherently more secure that the stripe. I don't need Interac to >tell me that. I'm not a full-blown security expert; I'm a Jack-of-all-Trades. All somebody had to do is answer the question. (Mind you I'm still concerned that the new card had my 'secret' PIN already allocated when I received it. At best, they should have me take the card to the Bank, and enter a new/old PIN) - Too busy driving to stop for gas! ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to lists...@bama.ua.edu with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
