What I don't understand is why don't ATMs in Europe use chip and pin yet? All the stores do. That would solve this problem.
What I don't understand is why don't ATMs in Europe use chip and pin yet? All the stores do. That would solve this problem.
Many of them do - one security feature is to have the ATM pull the card very, very slowly into the slot whilst oscillating them to prevent skimmers reading the mag strip, as it's no longer required (unlike the US, nearly all ATMs here in the UK feed the card in automatically, rather than manually dipping it). If you're not used to this you might think the machine was on the way out.
Even with ATMs that support EMV (chip and PIN) you still run into the problem that a) ATM design inherently involves pushing the card into something, which could allow the mag stripe to be raed, and b) as long as there are ATMs and places that don't use EMV then there's always going to be a way to get money out / buy product with cloned cards.
That was a weird moment.
> you still run into the problem that a) ATM design inherently involves pushing the card into something
Makes that moot. Interesting about the card readers that wiggle the card in, I think I've seen one or two of those. I wonder how hard that is to defeat with a more intelligent skimmer (wheel to measure how fast the card is moving to compensate?).
Most if not all of them do. But the cards still have the mag stripe to be compatible with ATMs all over the world that don't - and those are where the cloned cards are then used.