I, too, don't see how they can be more secure. Possession is supposedly 9/10ths as the saying goes, but unless there's something bio-metric in the chip/card/human being relationship, I would have to say that the chips cards are no more, if not less, secure than the regular plastic we use today.
What really peeves me is when I go into a merchant, present my plastic for my purchase and ma told I don't need to sign anything, What, no signature? But how do you know it's me? You didn't check my signature on the back of the plastic against my signature at the time of the purchase. And the merchant's cashier says that just the way it works. Personally, I try to make a mental record of where this occurs and then attempt to NEVER return there for another purchase unless it is the ONLY place to do so and then I pay cash. Can't remember the last time I was in at H^&e D&p$t. (don't want to say the merchant's real name) Chuck -----Original Message----- From: IBM Mainframe Discussion List [mailto:[email protected]] On Behalf Of Ted MacNEIL Sent: Thursday, January 07, 2010 12:37 PM To: [email protected] Subject: Re: Korean bank Moves back to Mainframes (...no, not back) >That's the point of (EMV) "chip" cards. >They are inherently more secure. ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
