On 1/8/2016 12:55 AM, sf wrote:
> On Thu, 7 Jan 2016 23:00:45 -0500, Ed Pawlowski > wrote:
>
>> On 1/7/2016 7:00 PM, sf wrote:
>>
>>> I'm not talking about the old cards, I'm talking about the new ones.
>>> There's no failsafe, they're used just like the old ones are.
>>>
>>>
>> Swipe cards are easily duplicated. Chip cards are not. They are not
>> used like the old ones as you have to insert them to be read and no card
>> information is left behind.
>
> If someone has *your* card in their hand, nothing is stopping them
> from using it.
>

True, but that is a tiny part of the fraud that goes on. I think they
will eventually go to a pin for additional protection with lost or
stolen cards. Your swipe crd can be duplicated easily, chip cards not
so much.

Nothing is infallible. If a human brain can encode something, another
human can decode it.