All credit card transactions and cash withdrawals over x amount should be verified by the user via a dedicated phone device which has its own network and protocol, which is used solely for this stuff.
Making a transaction on the net, it would flash up and not work until you've instructed it what to do.
ACCEPT (green)
DECLINE (red)
Nice and simple, the problem is the authentication is automatic once the most basic of details are provided. The account holder should be the last person to authenticate anything.
World is full of scheming c***s now and countries like the UK and USA especially are seen as the targets usually by foreigners who after screwing their own country over are after the rest until they spoil things for everyone.
There are a million things you can do to tackle this and make life much harder its almost as if the GVT do not want to do it.
When you put your card into a cash machine, the layout of the keys means anyone can see your pin, they could fix this in seconds by removing the keys and replacing them with arrows, everytime your card is inserted, a random 4 digit number appears on screen, then you use the arrows to cycle through those numbers to change it to your pin.
BAM!
All of a sudden, people now need to see what is actually being seen on screen, and that is a lot harder.
Little things like that will make a diff, but its almost as if someone wants there to be flaws in the system.
What I just said makes perfect sense, and don't foreget, you're the bulb that's so dim he hides behind an alias and shares nothing about his life (along with many other dim bulbs on this site-sometimes you try and combine your dim power to outshine me, but it never quite works), other than trying to attack brighter bulbs that make him realise how dim he is.
And with you coming from one of the credit card fraud hotspots, its clear why you would be so incensed by anything designed to eliminate CC fraud given its probably a childhood aspiration over there, to get rich on western money via the same dishonest methods which have left your countries impoverished and your people flocking their millions to my homeland.
Did it ever cross your mind it might be harder to cover up a 14" screen rather than a 5" keypad before proclaiming your superior intelligence yet again?
Ok firstly, 14inch ATM terminals are rare. I have had smaller laptops than that.
You don't need to cover up a 14 inch screen because the information of value would be in the centre and would only take up 3x1 inches.
even smaller on portable terminals.
So it would actually be smaller, secondly, the glass on the screen would be tinted so it would be impossible from prying eyes and would only work in optimum position, i.e the person using it.
Why do people like you keep trying to judge me when I clearly come back with better answers which only expose your stupidity and misplaced confidence.
It as if some of you are so desperate you'll sacrifice entetaining a good idea just to slag me off.
I have a bafta for my ideas, you have RSI. The end.
That's the whole issue though, most people don't cover it as they do not believe they are being spied on.
By taking the attention off the keypad and onto the screen even if someone sees you, the external keypad has no bearing on what's going on because the number generated on screen is random, you just use arrows to resync the numbers to your actual pin.
So say it generates 5857 in this instance
and your actual pin is 1585
On this instance..
press down 4 times (or up for the longer cycle)
press right once to move over to next digit
press down 3 times
press right to move over to next digit
press up 3 times
press right to move over to next digit
press down 2 times
(ENTER-job done)
Takes a bit longer, but much more secure and its late so its more complex!
Oh my god. The stupidity on this site gets better.
Do some research before you embarrass yourself further.
There are 10's of millions of pounds stolen from the UK alone by street gangs looking over shoulders to obtain pins then stealing cards and emptying accounts.
"Last week, for research purposes of course, I determined to see how many PINs I could pick up simply by shoulder-surfing in cash point queues and at store tills.
During 30 minutes inside a busy shopping centre, I made out the four-digit code in eight out of 10 such situations without any special effort; in most cases, absolutely no attempt was made to cover the key pad when punching in their PIN"