Apacs offers Pin security advice
www.moneynews.co.uk > General finance > Apacs offers Pin security advice
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Money News |
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Apacs offers Pin security advice
Thu 16th Aug 2007
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The guide, called Protect your Pin, comes after research showing that one in five cardholders rarely or never shield their Pin when making a transaction.
Fraudsters are able to create fake cards using the magnetic strip from a stolen one which can then be used in countries which don't operate chip and Pin payment services.
Apacs director of communications Sandra Quinn said that card security is mostly "common sense".
"Simple measures such as shielding your Pin with your free hand whenever you enter it into a keypad will significantly reduce your chances of becoming a victim of fraud," she added.
This week, Apacs announced that the UK banking industry is to introduce a faster way of processing payments in May 2008.
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