I'm loving Robert Siciliano's latest blog entry on buying an ATM off Craig's list, and finding 150 feet long printout of card numbers because the bar owner who sold it to him forgot to delete the transaction history.
You can watch the story unfold on this FOX News clip:
or read all about it on his blog.
Obviously, it couldn't happen here because we have Chip & PIN, with fraud losses at UK retailers down 35% between 2005 and 2008 following the introduction of compulsory chip and PIN in 2006 (I'm jokingof course).
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...