Feeds

Shell suspends Chip and PIN after £1m fraud

Temporary precaution

Choosing a cloud hosting partner with confidence

Shell has stopped accepting payments authorised by Chip and PIN at 600 of 1,000 UK petrol stations following the discovery of a systematic fraud that resulted in the theft of an estimated £1m from customer accounts.

Eight unnamed people have been arrested in the UK on suspicion of involvement in the scam, the BBC reports.

The mechanism of the alleged fraud, which is being investigated by the Metropolitan Police cheque and plastic crime unit, remains unclear. The Association of Payment Clearing Services, the UK banking organisation leading the introduction of Chip and PIN, said that it was confident the problem applied only to Shell and did not impact of the integrity of the payment method more generally.

Shell said the suspension of Chip and PIN in its UK-owned service stations was a temporary precaution. It has reverted to authorising debit and credit card purchases by signature at these outlets. Around 400 Shell petrol stations run on a franchise, and therefore not directly owned by Shell, are continuing to accept Chip and PIN. Shell hopes to act quickly in order to reintroduce the payment method across all its UK petrol stations.

"We will reintroduce chip-and-pin as soon as it is possible, following consultation with the terminal manufacturer, card companies and the relevant authorities," a Shell spokeswoman told the BBC. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
UK smart meters arrive in 2020. Hackers have ALREADY found a flaw
Energy summit bods warned of free energy bonanza
DRUPAL-OPCALYPSE! Devs say best assume your CMS is owned
SQLi hole was hit hard, fast, and before most admins knew it needed patching
Knock Knock tool makes a joke of Mac AV
Yes, we know Macs 'don't get viruses', but when they do this code'll spot 'em
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Mozilla releases geolocating WiFi sniffer for Android
As if the civilians who never change access point passwords will ever opt out of this one
Why weasel words might not work for Whisper
CEO suspends editor but privacy questions remain
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Website security in corporate America
Find out how you rank among other IT managers testing your website's vulnerabilities.