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PIN (and Chip) or Signature: Beating the Cheating?

  • Dan Cvrcek
  • Jan Krhovjak
  • Vashek Matyas
Conference paper
Part of the Lecture Notes in Computer Science book series (LNCS, volume 4631)

Abstract

Our paper first reviews some of the most critical issues related to the introduction of Chip & PIN card payment authorisation, and then outlines one part of our experiment that we decided to undertake to validate some of our views and ideas. Our experiment examines, in two phases, whether introduction of this authorisation method is advantageous for an opportunistic thief and whether the customer truly benefits from the Chip & PIN technology with respect to this opportunistic thief.

Keywords

Trial Phase Card Payment Shop Assistant Card User Signature Forgery 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. 1.
    Kuhn, M.: Probability Theory for Pickpockets – ec-PIN Guessing. COAST Laboratory, Purdue University, USA, http://www.cl.cam.ac.uk/~mgk25/ec-pin-prob.pdf
  2. 2.
    Hargrave, J.: Credit Card Prank. http://www.zug.com/pranks/credit/
  3. 3.
    Anderson, R., Bond, M., Murdoch, S.: Chip and Spin. Paper available at http://www.cl.cam.ac.uk/~mkb23/spin/spin.pdf webpage “Chip and SPIN!” at http://www.chipandspin.co.uk/

Copyright information

© Springer-Verlag Berlin Heidelberg 2007

Authors and Affiliations

  • Dan Cvrcek
    • 1
  • Jan Krhovjak
    • 1
  • Vashek Matyas
    • 1
  1. 1.Masaryk University in Brno, Faculty of Informatics 

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