Path: csiph.com!v102.xanadu-bbs.net!xanadu-bbs.net!feeder.erje.net!eu.feeder.erje.net!fu-berlin.de!uni-berlin.de!individual.net!not-for-mail From: "Rod Speed" Newsgroups: misc.phone.mobile.iphone,comp.mobile.ipad,comp.sys.mac.system Subject: Re: Apple Pay Exposes Insecure Bank Policies Date: Sun, 22 Mar 2015 06:24:04 +1100 Lines: 15 Message-ID: References: <200320151703579843%michelle@michelle.org> <550da658$0$42924$c3e8da3$5e5e430d@news.astraweb.com> <550dc214$0$34440$c3e8da3$dbd57e7@news.astraweb.com> Mime-Version: 1.0 Content-Type: text/plain; format=flowed; charset="UTF-8"; reply-type=original Content-Transfer-Encoding: 8bit X-Trace: individual.net iIMcjxu7ecNhn90vvQ2dCwQVdjvJEgdb0gVWQ5t+6OEmFhy7c= Cancel-Lock: sha1:YGxD9NxegHEPMVp6A6R5Q3M0YX4= In-Reply-To: <550dc214$0$34440$c3e8da3$dbd57e7@news.astraweb.com> X-Priority: 3 X-MSMail-Priority: Normal Importance: Normal X-Newsreader: Microsoft Windows Live Mail 14.0.8117.416 X-MimeOLE: Produced By Microsoft MimeOLE V14.0.8117.416 Xref: csiph.com comp.mobile.ipad:46733 comp.sys.mac.system:71757 JF Mezei wrote > Rod Speed wrote >> And don’t try claiming that the customer should be supplying >> the card number and CVV for every transaction either. That would >> make it MUCH easier to grab that as it is supplied every time. Its >> MUCH more secure if I don’t have to supply that on every transaction. > Statistics may show that database theft leads to far greater fraud > losses (and cost of replacing thousands of cards) than people spying on > HTTPS transactions to obtain credit cards. Only the NSA and friends > bother with those. That last is just plain wrong.